
European Customs and Excise Union
The European Customs and Excise Union is a cooperative agreement among some European countries that streamlines the movement of goods across borders. It ensures that goods can move freely within member states without needing to pay additional customs duties or face complex checks, similar to a single market. The union also coordinates rules on taxing goods like alcohol and tobacco, reducing fraud and ensuring fair tax collection. This system facilitates trade, boosts economic integration, and reduces costs for businesses and consumers, making cross-border commerce smoother and more efficient within the member countries.