The UK and EU have agreed a new post-Brexit reset trade deal after months of negotiations.

  • A new deal will keep the current status quo giving EU boats continued access to UK waters until 2038
  • The 2020 Brexit deal, which saw the UK regain 25% EU fishing quotas, was due to run out next year
  • The UK will continue to agree yearly quotas with the EU and Norway and issue licences to control who fishes in its waters
  • A £360m “fishing and coastal growth fund” to invest in new technology and equipment

Sir Keir Starmer declared “Britain is back on the world stage”, while European Commission President Ursula von der Leyen said it was a “historic moment”.

“In the context of uncertainties in trade policy, one thing is constant — the mechanics of trade. There’s always an expectation of efficiency, protection, and proper revenue collection.”

WCO Secretary General, Ian Saunders, spoke to SABC News, the public broadcaster in South Africa, on the margins of the recent WCO East and Southern Africa Governing Council meeting.

Watch the full interview here ➡️ https://lnkd.in/eaKJGtrn

In a wide ranging interview, the Secretary General pointed to the challenges #customs administrations face and how the WCO supports its Members.

“The challenge we face — and what the World Customs Organization tries to help with — is giving customs administrations the tools, the information, and the relationships to provide consistency and predictability.

So, whenever #trade is moving, the trade community knows what to expect, society can feel safe about what’s crossing borders, and revenue is collected for the benefit of public services in every market of destination.”

A new paradigm of trust & data can transform the current uncertianty of world trade to opportunities for compliant trade.

Listen to this fireside talk, lead by my brilliant colleague Samantha Almon Adeluwoye, where I togehther with Philippe Isler from the Global Alliance for Trade facilitation & Martijn Boelen from the European Commission, discuss the new global trade envrilment.

t’s not necessarily the companies with the largest or strongest supply chains who are going to thrive in these complex times – the winners are going to be the ones with the most adaptable supply chains.

Watch the full conversation here https://lnkd.in/dZYu3fpr