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Background
The Common Agricultural Policy (CAP) was
introduced due to fears that discrepancies between low world market
prices and higher prices in the EU could lead to massive imports
or loss of export markets. The focus of
the CAP, therefore, is to protect EU
farmers against cheap imports and promote
their production for export.
The agricultural customs duties of the CAP are made up of a number of elements
and have a variable component, a seasonal element and also take into account
the price paid at the time of import. Agricultural and food products are also
subject to import and export controls, such as import and export licences, certificates
of origin and pre- shipments inspections.
How can we help?
The highest duty rates are consistently
applied to products imported under the
CAP.
CAP legislation is complex and subject
to sudden change. Documentary and other procedures within the CAP
reflect this complexity and frequently cause problems for business.
We can help clients plan for legislative changes in the CAP before
they happen. We can explain and implement CAP schemes that facilitate
trade such as pre-financing. We can assist clients
to put in place systems that maximise refunds and minimise exposure
to CAP charges.
We can assist in ensuring clients are compliant
with the myriad of CAP requirements.
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