50 Years of the EU Customs Union and EU VAT System: Developments, Challenges and Alternatives
EFS, Erasmus University Rotterdam is celebrating 50 years of the EU Customs Union and EU VAT System by presenting an outlook on various developments, challenges and alternatives.
The European Customs Union, which marked its 50th anniversary on 1 July 2018, is a fundamental pillar of the European Union as a single trading area, and both supports and protects the Single Market. While the creation of the Customs Union can be seen as one of the EU’s greatest achievements to date, the anniversary celebrations have been somewhat overshadowed by the challenges currently being faced in the form of Brexit, trade wars and sanctions. With globalisation under attack, this seminar takes the 50th anniversary as an opportunity to rethink the concept of the Customs Union.
At this conference, academic and professional experts shared their views on possible alternatives to the reforms, as well as exchanging thoughts on various recent developments and challenges facing the Customs Union. This will be followed by a panel discussion on the possible consequences in practice.