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News from Members From customs duties to cost optimization: practical solutions through tariff suspensions

From customs duties to cost optimization: practical solutions through tariff suspensions

by EY November 3, 2026

Website www.ey.com

Global trade has undergone significant changes in recent years. Trade and geopolitical tensions are reshaping relations between major economies and creating new challenges for companies operating in an increasingly complex environment. In this context, optimizing supply chains and reducing import costs have become priorities. Based on our experience, nine out of ten companies with significant customs duty costs have opportunities to reduce them.

Customs legislation may allow companies to import goods used in their production processes from outside the European Union at reduced or zero customs duty rates, potentially generating significant cost savings. During our webinar, we will focus on a particularly valuable opportunity that companies often overlook, despite its potential to generate significant customs duty savings.

EY Romania is pleased to invite you to an interactive webinar on the use of tariff suspensions, which will take place on 11 November 2026, from 10:00 to 11:00, including a Q&A session. During the webinar, we will present mechanisms available under European Union customs legislation through which manufacturing companies may, under certain conditions, import goods from outside the European Union at reduced or even zero customs duty rates.

The agenda will provide a practical, step-by-step overview of how to identify and leverage customs duty-saving opportunities:

  • Customs duty suspensions - concept and benefits;
  • Eligibility conditions and the information required to identify potential cost savings;
  • The implementation process for future operations and, in certain cases, past transactions;
  • Practical examples and a Q&A session.

Click here to register. 


Speakers

  • Attila Fulop, Partner, Indirect Tax, EY Hungary
  • Mihai Petre, Director, Global Trade, EY Romania
  • Daniela Neagoe, Senior Manager, Global Trade, EY Romania
  • Cosmin Dincă, Senior Manager, Global Trade, EY Romania


Logistical details

Date: 11 November 2026, 10:00 - 11:00 (UTC+3).

The webinar will be held online and conducted in English.

Registration: Participation is free of charge, subject to invitation and registration confirmation.

Webinar link: The link will be shared via the registration confirmation email closer to the webinar date. 

For further information, please contact us at: alexandra.ionita@ro.ey.com.

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