Annexes to COM(2016)174 - Conclusion of the Protocol of Accession to the Trade Agreement with Colombia and Peru to take account of the Accession of Ecuador

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Agreement between the European Union and its Member States, of the one part, and Colombia and Peru, of the other part, to take account of the Accession of Ecuador.

2. BUDGET LINES

Chapter and Article: Chapter 12, Article 120

Amount budgeted for the year 2016:

3. FINANCIAL IMPACT

Proposal has no financial implications

Proposal has no financial impact on expenditure but has a financial impact on revenue – the effect is as follows:

(EUR million to one decimal place)

Budget lineRevenue 3

12 month period, starting dd/mm/yyyy[Year n]
Article 120

Impact on own resourcesDate of provisional application

Situation following action
[n + 1][n + 2][n + 3][n + 4][n + 10]
Article 120

80

4. ANTI-FRAUD MEASURES

The EU's customs legislation is designed to ensure the correct application of all EU customs measures including the tariff preferences laid down in this Protocol of Accession, which also provides for the application of the necessary provisions of the Trade Agreement on the application of preferential rules of origin and administrative cooperation (Annex II), assistance with enquiries (Annex V), and the possibility, after consultations, of temporary withdrawal of tariff preferences in the event of frauds and irregularities involving preferential treatment (Annex III).

5. OTHER REMARKS

This estimate is based on the average volume of imports over the period 2012-2014.

(1) OJ C […], […], p. […].
(2) OJ L 354, 21.12.2012, p. 3.
(3) Regarding traditional own resources (agricultural duties, sugar levies, customs duties) the amounts indicated must be net amounts, i.e. gross amounts after deduction of 25 % of collection costs.