The Dutch Ministry of Foreign Affairs has opened a review of Dutch companies’ use of Free Trade Agreements, and in particular which bottlenecks they encounter. The reason for this is that Dutch companies appear to make less use of trade agreements than companies in other EU Member States. The Ministry wishes to gain insight into possible challenges that companies experience when they make use of Free Trade Agreements. A survey was launched for this purpose last month and round table discussions are being organised.
Free Trade Agreements remove trade barriers, such as import duty payments and time-consuming border procedures. However, research in the Netherlands shows that companies are not always familiar with the content of these agreements or make use of them.
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This is where Customs Connect can help with your customs planning arrangements. We work closely with clients to apply the most appropriate mix of regimes to fit your business operations.
Reducing import duty spend is an effective way to maximising profitability for international businesses. Customs Connect can help you, whether you are a Dutch company or situated elsewhere in the EU. Contact us at one of our offices across Europe to find out more.