08:15 AM EDT, 09/21/2026 (MT Newswires) -- The European Union on Monday started the gradual rollout of its new customs policy aimed at modernizing the system by making it more digital and data-driven. The EU Customs Reform introduces a new Union Customs Code to simplify customs procedures, harmonize processes, and bolster risk management across the bloc. Under the reforms, the EU Customs Authority was established in Lille, France, on Sept. 20, 2026, and is expected to start operations in 2027. The authority will develop the EU Customs Data Hub, which will gradually replace the currently fragmented customs IT systems with a single interface for customs operations. The data hub is expected to be operational for e-commerce by July 2028 and for other trade by 2031.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.