Customs Union

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf economic agreement
gptkbp:defines an agreement between two or more countries to remove trade barriers and adopt a common external tariff
gptkbp:distinctFrom free trade agreement
single market
gptkbp:effect increases economic integration
requires coordination of trade policy
gptkbp:example gptkb:European_Union_Customs_Union
gptkb:Eurasian_Customs_Union
gptkb:Southern_African_Customs_Union
Gulf Cooperation Council Customs Union
gptkbp:feature common external tariff on imports from non-members
no tariffs or quotas between members
gptkbp:governedBy gptkb:treaty
https://www.w3.org/2000/01/rdf-schema#label Customs Union
gptkbp:purpose facilitate free trade among member countries
harmonize external tariffs
gptkbp:relatedTo gptkb:World_Trade_Organization
economic integration
trade bloc
common market
tariff
gptkbp:bfsParent gptkb:Unión_Aduanera
gptkb:European_Single_Market
gptkb:EU_single_market
gptkbp:bfsLayer 6