ROMANIA DEAL
January 1st, 2004
BY KEITH NUTHALL
MUTUAL trade between the European Union (EU) and Romania in a range of tobacco products will become duty free by 2007, easing the eastern European country's anticipated EU accession of that year. A trade agreement phases out duties on cigarettes (including those flavoured with cloves), cigars, cheroots and cigarillos, smoking tobacco, homogenised or reconstituted tobacco, chewing tobacco and snuff. Romanian duties are generally higher than the EU's tariffs, generally being 98%.
MUTUAL trade between the European Union (EU) and Romania in a range of tobacco products will become duty free by 2007, easing the eastern European country's anticipated EU accession of that year. A trade agreement phases out duties on cigarettes (including those flavoured with cloves), cigars, cheroots and cigarillos, smoking tobacco, homogenised or reconstituted tobacco, chewing tobacco and snuff. Romanian duties are generally higher than the EU's tariffs, generally being 98%.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.