EU raises US food import quotas

02 Dec, 2005

The European Union has raised import quotas for the United States on a range of items, mostly agricultural, to account for last year's enlargement and the addition of 75 million consumers, officials said on Thursday.
Ranging from molybdenum wire to cereals, sausages, pizza cheese, turnips and pet food, the raised quotas also aim to compensate US exporters for partial duty rises applied by the EU's 10 newest members when they joined the bloc in 2004.
Some quota volumes are allocated by individual EU country and others are the overall annual volume for a particular product applied to all 25 EU states. The two most significant country-allocated quotas are for poultry, with a volume of 16,665 tonnes at duty rates that vary by product, and for 10,000 tonnes of corn gluten with an accompanying duty of 16 euros per tonne.

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