Publication detail

The Principles of the Common Commercial Policy and the Effects of their Transposition on the Czech Economy

Author(s): † prof. Ing. Luděk Urban CSc., Jean Monnet Professor,
Type: IES Working Papers
Year: 2001
Number: 8
Published in: IES WP 2001/8
Publishing place: Prague
JEL codes:
Suggested Citation:
Abstract: The paper focuses its attention on the expected effects of the Czech Republic accession to the Common Commercial Policy. The question is raised what the outcome of this event will be and what changes in the volume and structure of the Czech trade can be expected.
The extent of the Czech economy trade integration with EU countries was very high even before accession. Since early 1997 all EU external tariffs on industrial goods exported from the Czech Republic have been abolished and on the Czech side the remaining tariffs in the trade with EU countries were removed at the end of 2000. The Czech Republic managed to harmonise major part of the EU technical requirements. In 2002 the Czech Republic was granted the right to conformity assessment procedures. Since early 90´s Czech trade was gradually reoriented from Comecon countries towards EU area. High degree of trade integration does not imply, however, the accession to the Common Commercial Policy. Basic principles of the CCP can be put into full operation only after the candidate country has joined the Community. The major change consists in the transposition and full implementation of the Common External Ttariff. The comparison of the Czech external tariff with the EU indicates that no dramatic changes will occur due to very marginal differences in the average external tariffs. And so its transposition will not result in any dramatic change in the territorial structure of the Czech trade.This is why the Czech Republic did not ask for any transitional period to comply with CCP principles.
Downloadable: WP 8




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