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Foreign trade reported by non-residents
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Issues related to foreign trade reported by non-residents were discussed at two workshops held in Prague in 2012 and 2013. At its meeting of 16-17 September 2013, the Directors of Macroeconomic Statistics (DMES) agreed to address the issue of trade activities of non-residents registered only for VAT purposes.
The first step of this investigation was to collect information on Member States' activities using a questionnaire that was developed during the workshop held in June 2013 in Prague. The Manual on goods sent abroad for processing recommends that non-resident VAT traders' movement of goods is treated as a form of quasi-transit trade1. Traditionally, quasi-transit trade was only recognised in case of trade with non-EU countries. This phenomenon now appears to also include trade flows between EU Member States. The goal of the questionnaire was to collect countries' compilation practices.