The European Parliament adopted the EU's modern customs code.
On September 11, 2013, the European Parliament adopted the Modernized Customs Code. Upon its entry into force, this code will be renamed the EU Customs Code and will simplify EU customs procedures and expand the scope of centralized clearance, reducing costs for businesses. The Modernized Customs Code will serve as the framework for customs rules and procedures in EU member states, codifying various measures currently implemented on a case-by-case basis, and clarifying legal provisions for non-EU companies operating in the EU. Furthermore, customs rules and procedures will be simplified, making trade transactions more efficient. The Council of the European Union is expected to adopt this customs code in the coming weeks, thus the code will come into effect on November 1, 2013. The proposed regulations will be implemented 30 months after adoption by the European Parliament; in other words, the Modernized Customs Code will be implemented on May 1, 2016. The Modernized Customs Code stipulates that all exchange of data, documents, resolutions, and notices between economic operators and customs must be conducted using electronic data processing technology, achieving paperless and fully electronic transactions, with the goal of full adoption of information technology by the end of 2020. The new Customs Code was originally scheduled to take effect on June 24, 2013, but the implementation date was postponed because the required electronic systems were not yet ready. In fact, all manual operating systems will continue to exist until 2013 and even after the new Customs Code takes effect (May 2016), during which time non-electronic data processing technologies may be used. The new Customs Code makes the rules for implementing customs decisions more unified.