The UK should opt for a customs facilitation agreement with the EU
16 Aug 2017 12:56 PM
The UK government has released its paper on future UK-EU customs arrangements. Open Europe's Aarti Shankar argues that plans for an interim deal are sensible, but, longer-term, the UK should opt for a customs facilitation agreement over a "mirroring" arrangement with the EU.
This will provide the necessary breathing space for any new systems and infrastructure to be put in place to manage bilateral trade in goods in the future. It will also provide business certainty that they can continue to operate under the same customs rules for the near future, and will only need to adapt to new procedures at the end of a transition stage, rather than in 2019.
For full article see Open Europe’s website