Impact of enlargement on third countries
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CTA. 2003. Impact of enlargement on third countries. Agritrade, May 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52678
A memorandum setting out the positive impact of EU enlargement on third...
A memorandum setting out the positive impact of EU enlargement on third countries was released by the European Commission on March 27th 2003. It emphasised that from the day of accession the new member states would have to apply the EU's common commercial policy in its entirety, including the common external tariff, EU preferential trade agreements, WTO commitments and EU trade defence mechanisms. Access to an EU market of 455 million consumers operating under one single regulatory regime, was seen as the main benefit. With the new EU member states currently having average weighted tariffs higher than in the EU, particularly in the case of agricultural products, the main external benefit for third countries would be lower tariffs. EU standards on services, investment, subsidies, intellectual property rights and public procurement will also apply from the day of accession of the new members. Comment: Lower tariffs on agricultural exports in acceding countries would be the main benefit which ACP countries would gain from enlargement.