Rotterdam Prepare Despite Extension
Despite yesterday’s news that Prime Minister May has agreed two options to extend the Brexit deadline, the Port of Rotterdam is still preparing for the UK to leave on March 29th.
Mark Dijk, the manager of Europe’s largest port, reportedly told BBC news that while he feels “definitely relieved” about the Brexit extension, they are still preparing for the UK’s departure on the original date.
Netherlands trade is expected to be hit significantly if the UK leaves the EU without a deal, potentially losing 30% to 40% of its total volume with the UK. According to the Dutch Court of Audit, a no-deal Brexit will cost the Netherlands an estimated €2.3 billion by 2023.
Around 35,000 Dutch companies only export to the current customs union and should the UK leave without a deal, they will be dealing with customs for the first time. In an effort to smooth any transition, the Dutch government has been hiring more than 900 customs, agricultural and veterinary inspectors.
Yesterday’s announcement from Teresa May, confirmed that the Brexit deadline has been extended, subject to the result of a third attempt to get her withdrawal agreement passed through Westminster.
Should parliament back the deal she has negotiated with the EU, the extension will run until May 22nd. Should it be rejected again, meaning a likely departure without a deal, the date would only be extended until April 12th.
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 firstname.lastname@example.org 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.
Following our news item earlier this week regarding GVMS, we are now making customers aware of another piece of Customs legislation that is about to change. From 1st January 2022, certain exporters from the EU will need to be REX registered.
The Goods Vehicle Movement Service (GVMS) – a new UK Government Customs system – will come into force next year, affecting imports from the EU. This will bring to an end the easements that were put in place during the Brexit transition period.
The Government has announced the UK’s new Customs tariffs. The UK Global Tariff (UKGT) will replace the current EUs’ Common External Tariff (EU CET).