INTERNATIONAL REGULATORY ROUND UP – CAOBISCO WARNS EU CONFECTIONERY EXPORTERS MAY STRUGGLE TO EXPLOIT JAPAN TRADE DEAL
March 1st, 2019
THE EUROPEAN Union (EU) chocolate, biscuit and confectionery industry association CAOBISCO has raised concerns that EU exporters will be unable to exploit the reduction of Japanese tariffs under the EU-Japan Economic Partnership Agreement (EPA), in force since February 1. CAOBISCO is concerned about how the deal includes rules of origin forcing its members to demonstrate how they source specific volumes of ingredients from the EU, rather than their value, which would be easier to demonstrate. The association noted manufacturers are often “unable to prove the ...
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