The Council of the European Union has decided to implement the Interim Agreement with Serbia. The agreement abolishes nearly all customs duties and quantitative restrictions for imports from the Balkan country. Only for a very limited number of products (baby beef, sugar and wine) annual import quotas remain in effect. The measure is excellent news for European importers, as it will finally provide legal security concerning customs free imports from Serbia.
The agreement also provides for the alignment with European rules on competition and state aid. This will contribute to ensure a level playing field for European retail and wholesale and competitive prices for consumers.
The title of this Act is the Metrology Act of 2010. This Legal Notice transposes the European Directive 2009/3/EC on the approximation of the laws of the Member States relating to units of measurement. This Directive changes the First Schedule of the Metrology Act.
Directive 80/181/EEC supports the smooth functioning of the internal market through the level of harmonisation of units of measurement it prescribes. In this context, it is appropriate that the Commission monitors market developments relating to that Directive and its implementation, notably as concerns possible obstacles to the functioning of the internal market and any further harmonisation required to overcome those obstacles.
GRTU yesterday stressed at MCESD and to Minister for Finance, The Economy and Investment, the Hon. Tonio Fenech, on the need to improve the economic stimulus package proposed in Budget 2010 to mitigate for the added pressure on micro, small and medium sized enterprises imposed by the new electricity and water tariffs and approved by the Malta Resources Authority.