EU Fees On Low-Value Parcels Could Raise €6 Billion
Episode 19 min 48s

EU Fees On Low-Value Parcels Could Raise €6 Billion

The days of ordering a €3 dress, a €2 household gadget or cheap jewellery from international online shopping platforms without additional charges are changing. The European Union is tightening the rules on low-value parcels entering the bloc, with additional fees targeting platforms such as Shein, Temu and AliExpress. Around 5.8 billion parcels valued at less than €150 entered the EU last year, and the new charges are expected to generate billions of euro for European budgets. But what does this mean for consumers here in Ireland? Could it finally help local retailers compete with the international online giants, or will shoppers simply end up paying more? To discuss the implications for businesses, consumers and the future of retail, Alan was joined by Pat Clarke Browne, Technology Expert with Munster Business in Shannon, and Margaret O'Brien, CEO of Ennis Chamber. Image (c) Kindel Media from Pexels via Canva

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