On 17 September 2012, the draft report on the proposal for the Modernised Customs Code (MCC) Recast Regulation was presented by Rapporteur Le Grip to the European Parliament’s (EP’s) Internal Market and Consumer Protection (IMCO) Committee (i.e. the lead committee in this matter). The draft report will now be subject to further discussion in the IMCO Committee, where a vote is scheduled for 29 November 2012. The vote in the EP’s plenary session is currently scheduled to take place in April 2013.

An Article-by-Article reading of the MCC recast proposal in the Council’s Working party (WP) on the Customs Union continued in August and September. The Cypriot Council Presidency is expected to produce a compromise text later this Autumn for consideration by the Member States’ experts.