With the United Kingdom officially leaving the European Union on 1st January 2020, the EU and the UK managed to reach an outline agreement on a future post Brexit deal.
As Brexit coming closer, the European shipping industry applauds the efforts of both EU and UK negotiators to ensure the continued fluidity of shipping trade.
In light of the Brexit period, which is expected to end on 31st December 2020, Standard Club issued a circular ensuring that the club can continue to access European Economic Area (EEA) markets.
Amid the Brexit transition period which is about to end on 31 December 2020, National Audit Office urged that UK ports are likely to experience major disruptions due to lack of systems.
TT Club provides information on how to export and trade goods between the UK and the EU amid Brexit, as many are the changes that followed after Britain’s exit.
Following the Brexit transition period, the UK Government announced its steps of ensuring that critical freight will continue to flow in 2021 regardless of the outcome of the current negotiations with the European Union.
In light of the Brexit situation and the plenary vote in the European Parliament on the recommendations of the future EU-UK relations, ECSA expressed its concerns.
As UK and EU negotiations concerning Brexit started during this week, the British International Freight Association argues that UK government’s decision to not extend the 11-month transition period, is a risky move. For the records, EU shipping had expressed its aim to maintain its trade relationship with the UK several months ago.
Following UK’s exit from the European Union on 31 January 2020, Port of Rotterdam expressed its concerns about its trade relationship with the UK. Depending on the terms agreed, the free trade will bring new formalities, tariffs, quality regulations and environmental standards.
Despite the fact that Brexit came into affect several days ago, EU shipping aims to maintain its trade relationship with the UK. Namely, ECSA insists that it will be more beneficial for both EU and UK, to remain an integrated and seamless shipping centre.
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