Political Cooperation Vocabulary

1 words in this vocabulary list

noun a group of countries that have agreed to eliminate tariffs and other trade barriers between themselves, and to adopt common external tariffs on goods from countries outside the union

  • The two countries agreed to form a customs union to facilitate trade between them.
  • Joining the customs union will make it easier for us to buy and sell goods with our neighboring countries.
  • Being part of the customs union means we can avoid all the hassle of import and export paperwork.
  • In a way, being in a customs union is like being part of a big club where everyone helps each other out with trade agreements.