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Goods imported from a country can benefit from reduced or zero customs duties when they are wholly obtained or are processed substantially in that country, part of a preferential trade agreement
Companies from the European Union, including Romania, will be able to apply a preferential tariff regime in bilateral trade with five other countries in the near future. Currently, the EU has concluded free trade agreements with over one hundred countries and special territories.
For more information, please see the Romanian version of the article, here.
