EU Council Reaches Agreement on Customs Code Reform

The European Union Council has reached an agreement on reforming the EU Customs Code. According to Jin10, the informal agreement stipulates that every item sent directly from non-EU countries to EU consumers will incur a new handling fee. Companies that repeatedly violate the rules will face fines ranging from at least 1% to a maximum of 6% of the total value of goods they imported into the EU over the previous 12 months.