MEPs back emergency plan to import Tunisian olive oil duty free
Posted: 26 January 2016 | Victoria White | No comments yet
The EP Trade Committee has backed the proposed emergency measure to import 70,000 tonnes of olive oil duty free to help boost the Tunisian economy following last year’s terrorist attacks in the country…
The European Parliament Trade Committee has backed a proposed emergency measure to import 70,000 tonnes of olive oil from Tunisia duty free, to help boost the struggling Tunisian economy.
To meet the concerns of the EU olive oil producers, the EP Parliament Trade Committee inserted an amendment that allows the measure to be reviewed and corrected mid-way, should it harm the EU economy.
The terrorist attacks of 18 March 2015 in Tunis and 26 June 2015 in Sousse hit the Tunisian economy very hard at a time when it was already facing serious difficulties. The olive oil sector indirectly employs more than a million people in Tunisia, accounting for one-fifth of jobs in the country’s agricultural industry. Olive oil is Tunisia’s main agricultural export.
“At a time when Tunisia is facing very serious problems, our vote gives the right signal: that the EU stands alongside Tunisians and that we intend to exercise solidarity in a tangible way”, said rapporteur Marielle de Sarnez (ALDE, FR) after the vote.
“I know that for colleagues from some countries, the question of olive oil is a sensitive one. I want to reassure them that the amendment we adopted provides that, if after a year we realise that there is indeed a problem, the Commission may then take steps to rectify the imbalance”, she added.
If the full Parliament follows the trade MEPs’ recommendation, a two-year temporary zero-duty tariff quota of 35,000 tonnes per year (70,000 tonnes in total) for EU olive oil imports from Tunisia will be available from 1 January 2016 to 31 December 2017. It will however apply without increasing the overall volume of imports from Tunisia (the EU will discount duties from the olive oil Tunisia is already exporting to the EU).
Trade MEPs added an additional provision on mid-term assessment, asking the Commission to assess the impact on the EU olive oil market at mid-term after the measure’s entry into force, and take corrective measures, should the balance of the EU market be disturbed.