Czechs land duty-free border reprieve
The closure of border duty-free stores in the Czech Republic,
scheduled for the end of 2001, has been postponed until 2003
following a parliamentary vote, TRW has learned. But the vote still
faces ratification in the country's senate. The two-year extension
affects only border stores, many of which still exist on the border
with Austria and Germany.
A decision on the future of duty-free stores at airports and other
channels will be made once a final date is set for the Czech
Republic's accession to the EU. One Prague airport retailer told
TRW: "We will continue to operate our stores as duty-free stores,
but once we enter the EU, we expect to have to convert to duty-paid
or Travel Value stores."
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Czechs land duty-free border reprieve
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