EU Regulations for Art Imports
Recently, the European Council adopted new rules for import. These rules clamp down on the illegal import of cultural goods into the European Union.
In addition, the EU has designed them so as to protect buyers of cultural good in the union. Along with that, there are protections for the countries to which the goods originally belong to. It is worth noting that the new rules apply to any cultural imports from non-EU countries that are older than 250 years. Irrespective of their value. Furthermore, importers will have to prove that such goods have been procured lawfully. All information that is collected as part of procedure will then be stored on an electronic centralised database. It will be accessible to authorities in all EU nations.
This is the first of its kind unified law in the EU that protects against the illegal import of cultural goods. The aim is “to not only preserve humanity’s cultural heritage, in particular archaeological objects in countries affected by armed conflict, but also prevent the financing of terrorist activities through such trafficking.”
The art dealer community in the union however, are not pleased with the new rules. They predict it will hinder the trade of cultural products.
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Through Art Market & You, Art From Us provides you with Analysis, Opinion and Factual Reports regarding the current on-goings of the Global Art Market. In this article, we explore EU Regulations for Art Imports.