Talks Break Down Over Customs Union
According to latest news, the cross party Brexit talks between the Conservative and Labour parties have failed to find a compromise and are now set to end without an agreement in place.
Leaving the EU with a Customs Union agreement seems to have been central to the breakdown in discussions, even though at one stage this looked to be on the cards.
Labour have been negotiating for a permanent and comprehensive customs union arrangement, meaning that there would be no duty tariffs applied for movements between the UK and EU countries.
However, many pro-Brexit Conservative MPs are believed to want the UK to be responsible for its own trade deals with non EU countries around the world, which would break the terms of the customs union.
The UK is currently set to leave the EU on 31 October after extending the original deadline twice. Prime Minister May is expected to attempt to get her deal through parliament again next month, which has already been rejected three times.
Customs Insights provide a range of customs related solutions including customs clearance, consultancy, Brexit planning and both AEO application and management. To talk to one of our customs specialists about planning for Brexit, then please email email@example.com or call 01304 211652.
Ensure compliance, resolve difficulties, manage efficiencies and reduce duty.
CFSP Bureau Services
Customs Freight Simplified Procedures, a simplified electronic paperless gateway.
Specialist Customs Regimes
Compliance and assistance for the many specialist Customs regimes.
According to recent reports, cross party talks are progressing as a means of resolving the Brexit issue, which suggests we may be moving towards a scenario where the UK remains in the Customs Union.While it has been suggested that a high number of Tory MP's won't vote...
A government minister has recently recognised that a customs union with the EU is the most likely outcome of talks between Theresa May and Jeremy Corbyn.The solicitor general Robert Buckland, risked causing further tensions in the Conservative Party, by insisting his...
HMRC have now announced further details of the simplified customs procedures that will be effective should the UK leave the EU without a deal.The Transitional Simplified Procedures (TSP), which were originally announced early in February, should make the customs...