The European Union Customs Union (EUCU) is a body consisting of all EU Member States (MS) and Monaco that ensures that no customs are levied on the shipment of goods between members (through agreements, the EUCU has similar customs arrangements also with Andorra, San Marino and Turkey). Members impose a common external tariff on all goods entering the union. A key benefit of the arrangement is that, rather than individual Member States negotiating separately, the EU negotiates as a single entity in international trade matters such as with the World Trade Organisation (WTO).
In the context of the modernization of the European Union Customs Code, the Council Regulation (EC) No 1147/2002 of 25 June 2002 (‘temporarily suspending the autonomous Common Customs Tariff duties on certain goods imported with airworthiness certificates’) is currently being revised by the European Commission (EC). This regulation allows a tariff suspension of customs duties (zero-rated import) on certain goods imported with an airworthiness certificate and which are intended to equip an aircraft. The main goal of the revision is to address some uncertainties of the current regulation and to reduce the administrative burden related to EU customs procedures. A more efficient EU Customs Code would benefit the global supply chains for aircraft production and design and the Maintenance Repair and Overhaul (MRO) business.