EU adopts autonomous tariff quotas for next three years

Fishing vessel

Source: Christo Anestev/Pixabay

The EU Council has unanimously adopted a regulation opening autonomous EU tariff quotas (ATQs) for certain fishery products for the years 2024, 2025 and 2026, plus new rules for their management.

The newly adopted regulation aims to ensure that the EU’s fish processing industry can continue to source raw materials for further processing from non-EU countries at reduced rates of duty or duty-free. They also take into account potential impact on EU suppliers to ensure fair competition between imported fishery products and EU ones.

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