Today sees the publication by the UK of a number of trade relevant documents –
(1) the UK Global Tariff (UKGT) that will replace the EU’s Common External Tariff from 1st January 2021 – here
(2) the draft UK legal texts in the ongoing trade talks with the EU – here
The UKGT will apply to all goods imported into the UK unless:
• an exception applies, such as a relief or tariff suspension
• the goods come from countries that are part of the Generalised Scheme of Preferences
• the country imported from has a trade agreement with the UK
This Blog does not focus on Trade or Customs. Note – commencing in July 2020, we (Cardinal Environment Limited) will be putting some staff through the UK Customs Academy Level 4 qualification, this is in order to improve our services in the areas of Trade and Customs, that impinge on goods movement.
Trade talks are underway with the EU and the US.
The UK Government will announce shortly it’s proposals for how Northern Ireland based traders will benefit from the UKGT. The Withdrawal Agreement Ireland-Northern Ireland Protocol creates special arrangements for Northern Ireland. I will Blog post separately at that point.