News
EU to Suspend Import Tariffs on Specific Agricultural Products
Thursday, November 14, 2024
The EU is suspending import tariffs (duties) on specific agricultural products that are currently in short supply, and to support the needs of European food and non-food industries. These are for specific subcategories of the following products which must generally be intended for further processing and not for direct sale on the EU market, according to report published by AGRINFO on November 05.
The EU is continuing the suspension of Common Custom Tariff (CCT) duties in 2025 on a range of agri-food products in the following custom categories: [Combined Nomenclature (CN) chapter codes are equivalent to HS chapter codes]. The regulation is expected to be adopted in December and will apply from January 01, 2025.
Included among others are: a) Oils for the manufacture of specific non-food products (CN 15): palm, coconut, and palm kernel oils; b) Certain types of microbial oil, vegetable oil, hydrogenated castor oil, jojoba oil, and edible mixture of animal or vegetable oils consisting of fish oil from Pacific pollock (CN 15); c) Certain cereal, oilseed, and dairy preparations in powder form (CN 19); d) Prepared vegetables/fruit (e.g. pulp or concentrate) for use in the manufacture of food and/or drinks (CN 20), which includes among others coconut water.

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