EU Issues New Rules Affecting Imported Parcels

The European Union has introducedย new customs rulesย that will affect millions of imported parcels entering its market. The decision was approved by the Council of the European Union and marks a major change in how small online purchases from outside the EU are handled.

These evolving customs laws in the EU are going to be closely watched by major players in the ecommerce space likeย Alibaba Group Holding Ltd. (NYSE: BABA)ย given the impact they are likely to haveโ€ฆ

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