Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

France Could Lose Billions In EU Trade Route Redirection

byCT Report
16/08/2018
in Uncategorized
Share on FacebookShare on Twitter

France:In the onging Brexit debacle creating a lack of clarity over the future of European trade relations, France may end up getting cut out of important trade routes that bring billions in revenue—and Paris is now up in arms.

France has vehemently slammed the European Commission‘s proposal to exclude French ports from the planned re-routing of a strategic trade corridor between Ireland and mainland Europe after Brexit.

You might also like

FBR declares ICTPL Karachi as new off-dock customs terminal

05/06/2026

FBR clears Lahore Customs inspector in corruption case

05/06/2026

The new route proposed by the Commission would link Ireland by sea with Dutch and Belgian ports, including Zeebrugge and Rotterdam. Meanwhile, France‘s Calais and Dunkirk ports would be circumvented.

French Transport Minister Elisabeth Borne excoriated the move, which could prevent France from taping billions of euros in an EU grant, as “not acceptable”.

In a stern letter to European Commission transport authorities, she said France and Ireland’s “important trade channels” had not been taken into account: “The geographical proximity between Ireland and France creates an obvious connection to the single market…Surprisingly, the Commission proposal in no way takes this into account… This proposal therefore is not acceptable to France.”

For France, much is at stake, including potentially billions in revenues from the ports themselves, jobs and funding for infrastructure from EU programs.

Related Stories

FBR declares ICTPL Karachi as new off-dock customs terminal

byCT Report
05/06/2026

KARACHI: The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an...

FBR clears Lahore Customs inspector in corruption case

byCT Report
05/06/2026

LAHORE: The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary...

KPRA team visits businesses to facilitate clearance of outstanding tax

byCT Report
05/06/2026

PESHAWAR: A team of Khyber Pakhtunkhwa Revenue Authority (KPRA) led by Additional Collector KPRA Miss Wazir and Assistant Collector Mardan-Malakand...

Pakistan’s total liquid foreign reserves stand $22.64b

byCT Report
05/06/2026

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves...

Next Post

Taiwan company bows to China after boycott threat

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.