European Single Market Essay Example | Topics and Well Written Essays - 1750 words

European Single Market - Essay Example The first two treaties are the ‘Treaty on European Union (TEU) and the Treaty on the Functioning of the European Union (TFEU)’ (Moens & Trone, 2010, p.2). Article 54 of the 2010 Official Journal of European Union requires that commercial firms be treated as natural persons who are citizens of the Member States. The challenges faced The need for the states to come together and surrender part of the sovereignty was initiated by that urge to have some strong decision-making body that could collectively empower the member states (Barnard & Scotts, 2002, p.136). The union has bodies charged with enacting certain policies that are common to the member states and ensure that the policies are followed accurately. Some of these policies regulate the trade in the area. It thus serves to protect the member states against any irregularities and this explains why our country had to be a member. The policies enacted by the governing bodies of the union regulate our operation as a comp any that trades in the region. Zandia is a sovereign state found in Eastern Europe and is a member of the European Union. Our trade operations in the area thus fall under the policies of the European Union. However, the government of Zandia has imposed certain restrictions to our trade in the country, some of which are not conforming to the laid treaties. One challenge that we have experienced is that, there is a charge levied on the importation of film for production purposes. The net earning from such charges is aimed at supporting the actors in the country who are jobless. This is contrary to the provisions of the EU treaty in several ways. Chapter 2 of Title VII of the 2010 Official Journal of European Union clearly explains the terms under which the Member States can impose taxes on both imported and exported goods within their borders. In particular, article 110 of the chapter states that ‘no member state shall impose, directly or indirectly, on the products of other mem ber states any internal taxation of any kind in excess of that imposed directly or indirectly on similar domestic products’. The article further asserts that no such taxes are supposed to be levied on imported commodities to serve the interest of the domestic producers. This creates a competitive disadvantage on our side. While it is the role of the union to promote the economic development in areas with low standards of leaving and serious underemployments, article requires that such an aid by the State should not distort competition by favoring others. Besides, the unemployment witnessed in Zandia among the actors is not a serious one to obtain the assistance from the state resources. Secondly, there is a charge for inspecting imported DVDs standards for quality under a mandatory EU scheme. This is also not conforming to the provisions in the above Chapter 2 concerning charges levied on goods within the internal market. Article 112 in this chapter requires that any charge t hat can be imposed on any imported or exported products within the member states shall be approved only by the European Council in conjunction with the Commission. The article 112 states that: â€Å"In the case of charges other than turnover taxes, excise duties and other forms of indirect taxation, remissions and repayments in respects to other Member States may not be granted and countervailing charges in respects to imports from Member States may