whatsapp

EU Agrees Process to Select Customs Authority Host

  • 0
  • 373
/media/EU_Agrees_Process_to_Select_Customs_Authority_Host_j1qbVbG.webp © Image Copyrights Title

The European Parliament and the Council of the European Union have agreed on a detailed procedure to choose the host country for the future European Customs Authority, a new decentralised agency aimed at strengthening customs coordination across the bloc.

The draft selection method is expected to receive formal approval in the coming days. The authority is scheduled to be established in 2026 and become operational by 2028.

Several countries have submitted bids to host the new body, including Belgium, Spain, France, Croatia, Italy, the Netherlands, Poland, Portugal and Romania. During a committee meeting in January, all nine candidates presented their proposals, with Spain, France, Poland and the Netherlands drawing the majority of questions from lawmakers.

No Predefined Selection Method

EU institutions decided to create a specific selection process because there is no existing framework for determining the host of a new agency. The location of EU bodies often becomes politically sensitive, prompting lawmakers to design a structured and balanced voting system.

Under the draft procedure, the European Parliament and the Council will each independently shortlist two preferred candidates. The two institutions will then meet in a joint session to disclose their selections.

If at least one candidate appears on both shortlists, that country will automatically be chosen as host.

Multi-Round Voting System

If there is no overlap between the shortlists, two or four candidates will advance to a series of up to three voting rounds, each governed by specific rules.

In the first round, a candidate must secure a majority in both institutions to be elected immediately. If no candidate achieves this, the process moves forward depending on vote distribution. In a four-candidate scenario, the two with the fewest votes will be eliminated. In closely contested cases, three candidates may proceed to the next stage.

The second round involves a joint vote by both institutions. A candidate must obtain a three-quarters majority to win. If that threshold is not met, the process moves to a third round.

In the final round, the required majority is lowered to two-thirds. The vote may be repeated up to three times. If no candidate secures the necessary support after these attempts, the threshold will be reduced to a simple majority.

Growing Importance of Customs Policy

The creation of the European Customs Authority comes at a time when customs management and trade oversight have gained renewed attention globally. Increased tariff measures and shifting trade policies have intensified discussions around EU trade coordination.

The new authority will support and coordinate national customs administrations, aiming to improve enforcement, efficiency and information sharing across member states.

The final decision on the host country will follow the agreed procedure once formal approval is granted.

Related Posts
© Portugal’s Meo Demands €82 Million Compensation Over Huawei 5G Exclusion

Portugal’s Meo Demands €82 Million Compensation Over Huawei 5G Exclusion

Portugal’s telecommunications sector is facing renewed controversy after telecom operator Meo filed a lawsuit against the Portuguese state, seeking €81.7 million in compensation over restrictions plac...

  • 383
© Oil Prices Drop Sharply as Trump Signals Progress in Iran Negotiations

Oil Prices Drop Sharply as Trump Signals Progress in Iran Negotiations

Global oil prices declined sharply after US President Donald Trump stated that ongoing negotiations with Iran were moving forward in a “constructive manner,” raising hopes that tensions surrounding th...

  • 411
© Eurozone Economy Faces Growing Recession Risks Amid Iran War and Energy Shock

Eurozone Economy Faces Growing Recession Risks Amid Iran War and Energy Shock

Economic activity across the eurozone weakened sharply in May as rising energy prices and geopolitical tensions linked to the Iran conflict pushed the region closer toward recession risks....

  • 729
© Trump-IRS Settlement Sparks Debate After Filing Blocks Existing Tax Audits

Trump-IRS Settlement Sparks Debate After Filing Blocks Existing Tax Audits

A newly released court filing connected to the settlement between US President Donald Trump and the Internal Revenue Service (IRS) has triggered widespread political and legal debate after revealing t...

  • 405
© U.S. Treasury Yields Enter ‘Danger Zone’ as Bond Market Selloff Intensifies

U.S. Treasury Yields Enter ‘Danger Zone’ as Bond Market Selloff Intensifies

Rising U.S. Treasury yields are beginning to trigger broader concerns across global financial markets, with strategists warning that government bonds have entered what many are calling a “danger zone”...

  • 1419
© Ryanair Profit Surges 40% to €2.26 Billion Despite Boeing Delays and Fuel Market Volatility

Ryanair Profit Surges 40% to €2.26 Billion Despite Boeing Delays and Fuel Market Volatility

Ryanair reported a record annual profit of €2.26 billion for the financial year ending March 2026, marking a 40% increase compared to the previous year as strong travel demand and higher ticket fares ...

  • 600
© Von der Leyen Hails ‘Dynamic New Era’ in EU-India Relations During Modi’s Sweden Visit

Von der Leyen Hails ‘Dynamic New Era’ in EU-India Relations During Modi’s Sweden Visit

European Commission President Ursula von der Leyen praised a “dynamic new era” in relations between the European Union and India as Indian Prime Minister Narendra Modi visited Sweden during the second...

  • 473
© Greece Records Strong €5 Billion Budget Surplus in Early 2026

Greece Records Strong €5 Billion Budget Surplus in Early 2026

Greece recorded a significantly stronger-than-expected fiscal performance during the first quarter of 2026, posting a primary budget surplus of €5.175 billion, according to figures released by the cou...

  • 611
© Xi Jinping Pledges Wider Market Access to US Firms During Trump Visit

Xi Jinping Pledges Wider Market Access to US Firms During Trump Visit

During US President Donald Trump’s state visit to Beijing, Chinese President Xi Jinping reassured American business leaders that China is committed to further opening its economy to foreign investment...

  • 558
© Europe’s Dependence on US LNG Set to Rise Sharply in 2026, Report Warns

Europe’s Dependence on US LNG Set to Rise Sharply in 2026, Report Warns

Europe is expected to source nearly two-thirds of its liquefied natural gas imports from the United States in 2026, according to a new report released by the Institute for Energy Economics and Financi...

  • 768
© Lufthansa to Acquire Majority Stake in ITA Airways in €325 Million Deal

Lufthansa to Acquire Majority Stake in ITA Airways in €325 Million Deal

Lufthansa has announced plans to expand its ownership in ITA Airways to 90% through a €325 million agreement, marking a significant development in the ongoing consolidation of Europe’s airline industr...

  • 513
© Soaring Energy Profits Reignite Calls for Windfall Tax Across Europe

Soaring Energy Profits Reignite Calls for Windfall Tax Across Europe

European energy companies are once again facing mounting political pressure after reporting massive first-quarter profits fueled by soaring oil prices linked to ongoing instability in the Middle East....

  • 728
© Spain’s Bizum Expands Into Retail Payments to Challenge Visa and Mastercard

Spain’s Bizum Expands Into Retail Payments to Challenge Visa and Mastercard

Spain’s homegrown digital payment platform Bizum is preparing to make its biggest expansion yet by entering physical retail payments, a move that could significantly challenge the dominance of global ...

  • 1517
© Europe’s Battery Storage Race Accelerates as Turkey Emerges as Expansion Leader

Europe’s Battery Storage Race Accelerates as Turkey Emerges as Expansion Leader

European countries are rapidly expanding battery storage capacity as governments accelerate the transition toward renewable energy and reduce dependence on fossil fuels. New industry data shows that w...

  • 763
© Maersk Profit Drops Sharply Amid Middle East Shipping Disruptions and Hormuz Uncertainty

Maersk Profit Drops Sharply Amid Middle East Shipping Disruptions and Hormuz Uncertainty

Global shipping leader Maersk has reported a significant decline in first-quarter earnings as ongoing geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz continue to c...

  • 569
© European Markets Rally While Oil Prices Slide on Optimism Over US-Iran Talks

European Markets Rally While Oil Prices Slide on Optimism Over US-Iran Talks

European stock markets recorded strong gains on Wednesday as growing optimism surrounding a possible diplomatic agreement between the United States and Iran boosted investor confidence across global f...

  • 807
© European Banks Show Mixed Performance as HSBC Profits Dip and UniCredit Surges

European Banks Show Mixed Performance as HSBC Profits Dip and UniCredit Surges

European banking giants have reported mixed financial results in the latest earnings season, with HSBC posting a decline in profits while UniCredit exceeded market expectations, reflecting a sector na...

  • 810
© HSBC Q1 Profit Misses Estimates on Higher Credit Losses

HSBC Q1 Profit Misses Estimates on Higher Credit Losses

HSBC reported first-quarter pre-tax profit of $9.4 billion, slightly below analyst expectations of $9.59 billion, as higher credit losses weighed on earnings....

  • 816
© Spirit Airlines Ceases Operations After Bailout Talks Collapse

Spirit Airlines Ceases Operations After Bailout Talks Collapse

Spirit Airlines has shut down operations after failing to secure a last-minute bailout deal, ending the run of one of the United States’ most well-known low-cost carriers. The airline halted all fl...

  • 796
© Trump Warns of 25% Tariffs on EU Cars, Escalating Transatlantic Trade Strains

Trump Warns of 25% Tariffs on EU Cars, Escalating Transatlantic Trade Strains

U.S. President Donald Trump has announced plans to impose a 25% tariff on cars and trucks imported from the European Union, signaling a potential escalation in transatlantic trade tensions at a time o...

  • 7765
Commnets 0
Leave A Comment