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Reflections on the EU CCT Application to Import of Goods in Romania

Author

Listed:
  • Paul-Bogdan Zamfir

    (“Constantin Brâncuşi” University of Tg.-Jiu, Romania)

Abstract

In terms of customs policy for Romania EU accession requires the elimination of customs duties on all imports from countries and overall customs duties reduction on imports from third countries. By implementation the Common Customs Tariff (CCT) duties of Romania have seen a change in the value but at the same time, a change in the tariff regime applied on trading partners. Therefore, the utilization of the EU Common Customs Tariff is a very important opening of the Romanian market which will stimulate demand for imports. The Application of duties stipulated in the Customs Tariff involves the reduction of customs protection of the national economy both the industrial and agricultural goods.

Suggested Citation

  • Paul-Bogdan Zamfir, 2009. "Reflections on the EU CCT Application to Import of Goods in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 9(4), pages 335-340.
  • Handle: RePEc:pet:annals:v:9:i:4:y:2009:p:335-340
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