• New European Union Regulation to Improve Security and Safety of Goods Crossing EU Borders
  • March 25, 2005 | Authors: Erik Zietse; Erik de Bie
  • Law Firm: Greenberg Traurig, LLP - Amsterdam Office
  • On February 23, 2005 the European Parliament approved a Regulation amending the European Union ("EU") customs code in order to improve the security and safety related to goods crossing the EU borders. The Regulation is an EU response to the global concern about protecting the international supply chain from terrorism and will have an influence for all companies that play a role in the international supply chain. The Regulation will enter into force once the Presidents of the Council and Parliament sign the text. The necessary implementing provisions that will arrange for the measures to become effective will be published as soon as possible.