• search

EU, US sign WTO deal on European enlargement

Written by: Staff
|

GENEVA, Mar 22 (Reuters) The United States and the European Union signed a tariff and quota deal today compensating US exporters for higher duties amongst the EU's 10 newest members.

When the 10, including Poland, Slovakia, the Czech Republic and Hungary, joined the EU on May 1, 2004, they had to bring their tariffs into line with those elsewhere in the previously 15-state bloc.

This left US exporters facing higher tariffs on some goods they had been exporting to the 10.

Goods covered by the deal, which goes into effect by July 1, 2006, included pork, poultry, corn gluten meal, chemicals, aluminium tube and fish.

REUTERS PG KN2348

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more