EU implements three euro fee on small imported parcels
The European Union is introducing a three euro duty on low-value parcels entering the bloc starting from 1 July to address a surge in cheap imports.
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According to The Local, the European Union will impose a three euro duty on all small, low-value parcels entering the 27-nation bloc beginning 1 July. This measure is intended to manage a significant increase in the volume of low-value packages, which are primarily arriving from China.
The new levy applies to shipments considered to be of low value. The Local reports that this regulatory change aims to address the rising influx of these goods entering the European market. Consumers should expect this duty to be applied to relevant parcels from Wednesday.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.supports: The Local Europe