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customs union
(redirected from customs unions)

    Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
customs union
n.
An international association organized to eliminate customs restrictions on goods exchanged between member nations and to establish a uniform tariff policy toward nonmember nations.
customs union
n
(Economics) an association of nations which promotes free trade within the union and establishes common tariffs on trade with nonmember nations
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.customs union - an association of nations to promote free trade within the union and set common tariffs for nations that are not members
union - a political unit formed from previously independent people or organizations; "the Soviet Union"
Benelux - a customs union comprising Belgium and Netherlands and Luxembourg


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Curiously, however, the past decade has seen the establishment of numerous trade agreements ranging from preferential trade areas to customs unions independent of the WTO.
COMPETING FOR INTEGRATION: Japan, Europe, Latin America, and their ... by Andresen, Martin A. / Pacific Affairs
Some propounded customs unions, others pan-European union, while the French foreign minister, Aristide Briand, proposed "the establishment of a common market aiming to raise the level of human well-being on all the territories of the European community.
The Tainted Source: The Undemocratic Origins of the European Idea by Weber, Eugen / The National Interest
Worldtariff also provides customized preference duty tables which assist in navigation through customs unions and free trade areas, such as NAFTA.
Fritz Companies, Inc. and Worldtariff offer global customs data over ... by Business Wire
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