Britain has secured an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement between 11 countries in the Indo-Pacific region. This move marks a significant shift in the country's post-Brexit trade strategy, as it seeks to diversify its trading partners beyond the European Union. The CPTPP includes some…
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After Brexit there will be changes that affect businesses and hauliers across the UK. Make sure you are prepared for them, particularly if your business: Imports goods Exports goods Receives personal data Exports services The Department for Business is holding a series of free face-to-face Business Readiness Events across the UK, to help businesses find…
Questions continue to be raised over the announcement that the UK government intends to establish a series of freeports across the country after Brexit. Trade secretary Liz Truss called on airports and ports to bid for the scheme, saying: “Freedoms transformed London’s Docklands in the 1980s, and Freeports will do the same for towns and cities…
HM Revenue and Customs (HMRC) has written to 145,000 VAT-registered businesses trading with the EU about simplified importing procedures and also updated them on the actions that they need to take to prepare. Transitional Simplified Procedures (TSP) for customs will make importing easier for an initial period of one year, should we leave the EU…
The government has announced plans to phase in for EU imports the pre-arrival forms known as Entry Summary Declarations, if the UK leaves the EU without a deal. Officials on Monday held a series of meetings with organisations who represent the haulage industry and handle a significant portion of the UK’s cross border trade, to…
As few as 1,224 UK hauliers could be eligible to transport goods to the EU if the country departs the union without a deal in place. Logistics industry representatives say a UK-EU agreement on road transport must be prioritised over a trade deal. Yesterday the UK government issued a series of technical notices outlining the situation…
According to the Freight Transport Association (FTA) the government’s commitment (announced on 26 June 2017) to securing existing duty free access to UK markets for 48 of the world’s developing nations will ensure that British manufacturers and retailers can continue to trade efficiently and profitably. These agreements should ensure that the price of household items,…