Transport post Brexit – should we worry?

Date: 18th Saturday, August, 2018

Rules and regulations that govern the minutiae of business movement abound the EU’s member states.  This web of do’s and don’ts facilitates the movement of goods by water, air and road, with operating licenses issued centrally.  With the advent of Brexit, this will undoubtedly have to change.  Now that the UK Government has agreed a transition period to 2020, there will be more breathing space for this to be thrashed out.  It is in the interests of both the UK and EU for trade relations to continue as smoothly as possible, however, the political implications also need to be satisfied.  If the deal’s too good, those member states teetering on the edge of future membership may be persuaded to jump ship.

Current focus on the possibility of a no-deal Brexit is stirring emotions and firing the hopes of the ‘remain’ camp.  Perhaps this is more likely to be political rhetoric that strengthens the UK’s negotiating position than a realistic outcome.  It is unlikely the EU will fall on its sword to make an ‘example’ of the UK for issuing the divorce papers - by the same token - it can’t be too generous.  One solution to the conundrum some UK companies are adopting is setting up EU entities to circumvent a potential licence issue.   Some may see this as a knee-jerk reaction to a problem that is yet to become a reality, others may consider it safeguarding.  Come what may, trade will continue between the UK and EU and it is surely in everyone’s interest to make it work.  The transport industry, like so many other sectors, is waiting anxiously for the outcome of the negotiations.  Unfortunately, the wait will take a little longer than expected.

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For more information please contact:

Neil Yorke
The Best Connection Group Ltd


Jan Blann
Market Notions
Tel/Fax. 01926 843693
Mobile.  07976 284248

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