EPA & Tariff Rate Quotas

About TRQs:

According to the WTO, Tariff Rate Quota (TRQ) is an import regime in which quantities inside a quota are charged lower import duty rates, than those outside. The EU-Japan Economic Partnership Agreement provides 25 TRQs for a number of EU products to be imported in Japan on a preferential basis. These TRQs allow during a fiscal year, and for a limited volume (the aggregate quantity), a partial or total import duty suspension for the product concerned.

The complete text of the EPA, and Annexes, incorporating the Articles on wine, can be found on the following website of the European Commission: http://trade.ec.europa.eu/doclib/press/index.cfm?id=1684

Publications:

A factsheet has been published on this topic. Please click here to get access.

In addition, a webinar was organised on this topic. To access the recording, please click here.