EU trade agreements benefit Finnish companies

The EU has concluded a trade agreement with approximately 70 non-EU countries. These agreements facilitate also the access of Finnish companies' products and services to the contracting partner markets.   The Ministry for Foreign Affairs together with the Ministry of Finance and the Finnish Customs have prepared a set of guidelines for companies on how to make use of the tariff reductions offered by EU trade agreements. The agreements are beneficial for consumers as well in that they allow a wider range of products and services and the possibility of lower prices. On the macro level, the trade agreements have a positive influence on Finland's economic growth, employment and competitiveness.  

The EU, and Finland as part of it, has a trade agreement with for example Canada, Mexico, South Korea, and Switzerland. Trade agreements with Japan, Singapore and Vietnam are scheduled to enter into force in 2019. The entry into force of a new agreement on trade between the EU and Mexico is also under preparation.

Negotiations are ongoing with several trading partners, including Indonesia and Chile and Mercosur.

An overview of EU trade agreements:

The EU's trade agreements and trade facilitation agreements with third countries

Guidelines of the Ministry for Foreign Affairs for companies on "How to take advantage of tariff reductions" (PDF, 690 Kt)

A more comprehensive account of tariff preferences on the website of the Finnish Customs

 

Related websites