EU Adjusts Tariff Quotas, Suspends Customs Duties on Key Industrial Inputs to Support Industry
Jan 2026
On 1 January 2026, two Council Regulations, supporting trade with EU industry, began to apply. Council Regulation (EU) 2025/2614 and Council Regulation (EU) 2025/2605. The first document explains how the EU has updated its system of autonomous tariff quotas. The second document suspends customs duties on a wide range of agricultural and industrial inputs imported into the EU, where production in the EU is insufficient or non-existent. Both documents may give rise to trading opportunities for Hong Kong sellers.