COSMETICS INDUSTRY TO BENEFIT FROM EU-SOUTH KOREA TRADE DEAL
October 1st, 2009
BY KEITH NUTHALL
THE EUROPEAN Commission has unveiled details of how the new South Korean-European Union (EU) trade agreement will benefit personal care product manufacturers.
Many duties charged on essential oils imported into the EU from South Korea will disappear - for instance on citrus fruits (7% not deterpenated; 4.4% deterpenated); clove, niaouli and ylang-ylang (not detepenated) 2.9%; and others. Also, 6.5% duties on pre-shave, shaving and after-shave preparations; deodorants and antiperspirants; and perfumed bath salts will go. All these duties will ...
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