EU-EGYPT TRADE DEAL AND TARIFFS – SIDEBAR
March 1st, 2010
BY BART PEETERS and KEITH NUTHALL
TOBACCO products made in Egypt are to enter the European Union (EU) duty free upon ratification of an expended trade deal negotiated by the European Commission with the Egyptian government. The EU Council of Ministers has approved the deal, which awaits ratification by the European Parliament. Egypt's tobacco duties on EU exports however will remain in place.
The EU duties are significant however. They are 26% for cigars, cheroots and cigarillos (10% if they included cloves); 57.6% for cigarettes (with some reduced duties of ...
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