EU to introduce new duty on low-value parcels from July 1st
The European Union is implementing a three-euro duty on small, low-value packages entering the bloc to address a significant increase in shipments, primarily originating from China.
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According to The Local, the European Union will impose a three-euro fee on low-value parcels entering the 27-nation bloc starting Wednesday, 1st July. This measure is intended to address a recent surge in small, low-cost packages being imported into the region, with the majority of these shipments originating from China.
The implementation of this duty marks a shift in how the European Union handles small parcel imports. The Local reports that the policy aims to manage the volume of low-value goods arriving from international sources. Consumers should prepare for this additional charge when ordering items that fall under these new regulatory requirements.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.supports: The Local Europe