50th Anniversary of the Customs Union
This year the EU celebrates the 50th anniversary of the Customs Union.
Despite all its fault and shortcomings, the EU Customs Union is a unique example of an area where a number of countries apply a uniform system for handling the import, export and transit of goods and implement a common set of rules.
In 2016, the value of the EU trade with other countries amounted to EUR 3.5 trillion (EUR 1.71 trillion for imports and EUR 1.75 trillion for exports). This is more than the total yearly retail sales in the EU. These import - and exports amount to 313 million customs declarations, processed by public and private sector professionals 24 hours a day and 365 days a year.
To see how this milestone was announced back in 1968 with the aid of a well sharpened pencil and state-of-the-art technology, please visit the following link: announcement of the Customs Union