With 100 days to go until Brexit, EU today presents its vision of a “managed no-deal” exit.
14 legal acts, at EU level, to cope with an abrupt Brexit and ensure a measure of continuity.
They cover flying rights, air safety certificates, derivatives contracts, time limits for customs declarations. Extremely limited measures are proposed for customs. Time limits are adjusted for customs declarations, but no other special waivers are included
No special contingency measures are outlined for medicines, data flows, veterinary checks, fisheries or non-financial services, even though these will ultimately probably need to be addressed by the union in a hard-exit scenario.
”If you are a business that trades with the EU you need to decide how to make Customs declarations”.
HMRC has asked business that trade with the EU to start preparing for the unlikely event of the UK leaving the EU without a deal.
Although HMRC think leaving the EU without a deal is unlikely they want businesses to prepare for this possibility.
Here is a link to the advisory document: Trading with the EU if the UK leaves without a deal
My favorite TV programme is Nobel Minds Debate. On Swedish Televsion right now.
BBC:s Zeinab Badawi chairs (every year) and brilliantly leads a discussion between the year’s Nobel Laureates at Grünewaldsalen at the Concer Hall in Stockholm. Excellent show.
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