Brexit – Keeping business moving

Ever since the UK’s decision to leave the European Union, the big question for companies involved in international trade has been ‘how will this impact our supply chains?’.

More than two years on from the UK referendum vote, the continued impasse in negotiations between the British Government and the EU in Brussels means this question still has no definitive answer. As the UK prepares to leave the EU on 29 March 2019, companies are, therefore, having to prepare for all potential outcomes, including a ‘no deal’ scenario. 

Outside of the economic questions around Brexit is the key issue of the physical movement of goods and how this will be affected by the UK’s future trading relationships with the EU Member States and new trade deals with the rest of the world. In Europe, even as the March 2019 deadline looms, businesses are hoping to see a UK-EU agreement which ensures the continued free movement of goods enjoyed under the UK’s current membership of the EU single market.

Despite the tough negotiating process, the value of UK trade with the EU, worth some £241 billion annually, means it remains in both parties’ interests to reach a fair and reasonable settlement which protects the national economic interests of all concerned. In the event of a ‘no deal’ Brexit, the UK and EU would revert to World Trade Organisation (WTO) trade arrangements on 29 March 2019.     

SEKO is continuing to work closely with customers to ensure the resilience of their supply chains and to manage any potential disruption caused by the final outcome of the UK-EU negotiations.

Most recently, the British Government has published a series of notices for businesses to help them prepare for a ‘no deal’ scenario. In relation to exports and imports, we recommend customers read the following advice:

 

If you have any further questions please email brexitdesk@sekologistics.com so that we can help you.

 

We’re here to help with the questions you're asking about how Brexit will affect importing, exporting and logistics. 

Take a look at our knowledge hub to find the information and resources you need.

What is SEKO doing to help its customers manage the impact of Brexit on their supply chains?

What is the impact of Brexit on borders?

What is the transition period once the UK leaves the EU?

What should we be doing to prepare for Brexit?

Will my shipments be delayed?