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Benelux Customs Union |
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Benelux Customs Union A treaty that eliminated tariffs on goods traded between Belgium, the Netherlands and Luxembourg. It also established a common tariff for goods originating outside the three countries. In other words, the Customs Union allowed the members to be treated as a single country for purposes of international trade. The treaty was signed in 1944, came into effect in 1948 and was superseded by the Benelux Economic Union in 1960. See also: Belgium-Luxembourg Economic Union. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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