customs union

American  

noun

1. an association of independent nations or tariff areas created to remove customs barriers between them and to adopt a uniform tariff policy toward nonmember nations.

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customs union British  

noun

1. an association of nations which promotes free trade within the union and establishes common tariffs on trade with nonmember nations

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Example Sentences

See Examples For:

customs union

Already part of the EU's single market and Schengen border-free zone, EU membership would bring Iceland into the customs union and eventually the euro.

From BBC ● Aug. 30, 2026

A trade deal with the four South American countries that founded the Mercosur customs union is expected to start taking effect in the EU this spring.

From The Wall Street Journal ● Mar. 24, 2026

The EU earlier this month signed a free-trade agreement with the four South American countries that founded the Mercosur customs union, and last year it announced a trade and investment deal with Indonesia.

From The Wall Street Journal ● Jan. 27, 2026

Asked whether he wanted to the UK to have a customs union with the EU, he said: "That's not currently our policy, that's not currently where we are."

From BBC ● Dec. 9, 2025

Monaco   $NA; full customs integration with France, which collects and   rebates Monegasque trade duties; also participates in EU market   system through customs union with France Mongolia   $524 million f.o.b.

From The 2004 CIA World Factbook by United States. Central Intelligence Agency