EUCU meaning in Regional ?

Answer: What is European Union Customs Union mean?

The European Union Customs Union (EUCU) formally known as the Community Customs Union is a customs union which consists of all the member states of the European Union (EU), Monaco, and the British Overseas Territory of Akrotiri and Dhekelia. Some detached territories of EU states do not participate in the customs union, usually as a result of their geographic separation. In addition to the EUCU, the EU is in customs unions with Andorra, San Marino and Turkey (with the exceptions of certain goods), through separate bilateral agreements.

There are no tariffs or non-tariff barriers to trade between the members of the customs union and – unlike a free-trade area – members of the customs union impose a common external tariff on all goods entering the union.

The European Commission's Directorate-General for Trade negotiates for and on behalf of the Union as a whole in international trade deals (such as that with Canada and many others), rather than each member state negotiating individually. It also represents the Union in the World Trade Organization and any trade disputes mediated through it.

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