EU Adopts Post-Brexit Import Quotas For Farm Produce
The European Union on Monday adopted quotas for farming produce it will accept from third countries after Britain leaves the bloc and acknowledged this could happen before it has concluded talks with them on the subject.
'Tariff Rate Quotas'
The EU has in place a series of 'tariff rate quotas', allowing in agricultural producers such as the United States, Australia, New Zealand, and Latin American countries to export a certain amount of live animals, meat, dairy and other produce free of tariffs.
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