News Archive

The Institute of Directors (IoD) have produced figures that showed that the extension until October has had little impact on firms’ Brexit planning. The IoD figures show that the proportion of its members who had activated contingency plans increased slightly between January and April, from 18% to 23%. However, more than half of firms surveyed stated that they had not engaged in any contingency planning, and that only 4% were planning to use the extension period to review their next steps.

Last year, the US imposed steel and aluminium tariffs on imports from the European Union. The US administration justified the tariffs based on national security. The EU retaliated, imposing duties on US goods like motorcycles, orange juice and bourbon.

I am delighted to announce the launch of my brand new company website. The new website has been designed to highlight the international solutions that I provide to clients, as well as detail the key services and expertise that I can bring to any project.

If the UK leaves the EU Customs Union, UK companies which only trade with the European Union will need to follow new processes and complete new forms, such as customs declarations. Completing import customs declarations can be complex and companies will be liable for any mistakes in the paperwork.

The UK government has published draft tariffs in preparation for a no-deal Brexit. Companies with products currently in transit could face increased charges, if the tariffs take effect 29 March.

You will need to register for a UK Economic Operator Registration and Identification (EORI) number. You will need an EORI number to continue to import or export goods with the EU after 29 March 2019.

The UK is currently prohibited from negotiating trade deals with other countries until after it leaves the EU. However, the U.S. is starting to prepare for trade talks with the UK after Brexit.

The USA has withdrawn from the Joint Comprehensive Plan of Action (JPCOA) and reinstated U.S. sanctions against Iran. The EU has emphasised its continued commitment to the JPCOA and the existing EU Blocking Regulation was updated to include the reinstated U.S. sanctions against Iran.