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Commission proposes exemption from customs duties for jet fuel

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103110497On 4 November, the Commission has proposed an exemption of jet fuel imports from customs duties from 1 January 2014.

The aim of the proposal is to ensure that the 0% customs tariff, which has been applied to jet fuel for many years, can continue. Currently, the vast majority of the EU's jet fuel imports originate in countries that benefit from the Generalised Scheme of Preferences (GSP).

However, due to changes in the GSP rules next year, imports of jet fuel may no longer benefit from preferential treatment under EU trade rules. In order to give time to the EU airline industry to adjust as well as provide certainty for traders, the Commission has therefore decided to propose exemption of all jet fuel imports from customs duties, regardless of their country of origin.

The proposed Regulation will now have to be adopted by Council before it enters into force. For the full proposal, click here.

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