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

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

However, he highlighted that Turkey, which is in a customs union with the bloc, was "seemingly benefiting and seeing growth in their economy".

From BBC

There are no tariffs applied to trade between countries inside the customs union.

From BBC

The party's spokesperson for foreign affairs said "setting ourselves on an ambitious path towards a customs union is the best way to give some certainty to British businesses".

From BBC

The Convention isn't quite a customs union but removes customs on the components that go into a product that are sourced from the other countries signed up to it.

From BBC