Import Tariff Quota
The ITQ Scheme (Import Tariff Quota) is an EU Scheme whereby beef can be imported from third countries under special licence for manufacturers to cook.
The beef is only available for manufacturers who are registered with the RPA (Rural Payment Agency) based in Newcastle.
The ITQ scheme is run on an annual basis with the manufacturers applying for a share of the annual tonnage available. The tonnage for 2007/2008 is 33,110mt of boneless beef under system A and 9,011mt under system B. Applicants will be required to apply usually during May to June with imports permitted from 1st July onwards.
This tonnage is allocated to the processing companies in the form of "rights" and these "rights" are then turned into ITQ import licence by the processor's appointed import agent i.e. Towers Thompson Ltd.
Towers Thompson Ltd is able to offer a full ITQ service from the initial setting up of an ITQ processor factory, licence application, import and delivery of the beef as well as lodging monetary guarantees, on behalf of the processor which are necessary to support the scheme.
A full stock of frozen bonded boneless beef cuts are held by us from Topsides (hindquarter cuts) through to chuck & blades (forequarter cuts) and very competitive ITQ prices available on request.
Adrian Ramsden
Phone: +44 1992 473617
