Heading Towards Customs Union Deal?
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 for this option, the backing of the leaders of both our main political parties would probably be enough to get this over the line.
The UK is currently in the Customs Union automatically as a member of the EU. So what is the Customs Union?
The customs union is an arrangement between EU countries which means that they do not have to pay taxes to move their goods and services between member countries, making it easier to buy and sell products.
By remaining part of the customs union, the UK would also agree to continue to charge non-EU countries the same tariffs to bring their goods into the UK or EU, which would mean we would not be able to do our own trade deals with the rest of the world.
We would effectively be part of a ‘club’ that strikes their own deals with global countries. Whatever agreement the EU enters regarding customs will be effective for the UK too.
Turkey, Andorra and San Marino are not full EU members but have agreements to act as part of the Customs Union, albeit with some nuances and caveats. This is the type of arrangement that the UK may seek to adopt.
Teresa May’s original plan, which was defeated three times in parliament, was built around Britain leaving the Customs Union. However, it is understood that she may be willing to compromise this point during the talks with the Labour party.
One of the main sticking points for Mrs May’s defeated plan was that border checks, to monitor goods, may have been introduced between Ireland (EU) and Northern Ireland (UK).
This would have meant a potential return to a physical border between the countries, which would not be needed if the UK was a member of the Customs Union.
Uniserve are the UK’s leading independent logistics provider, to find out more about how Uniserve can add leverage to your supply chain, then please call 01375 856060 or email info@ugroup.co.uk.
PLEASE FOLLOW US
Day(s)
:
Hour(s)
:
Minute(s)
:
Second(s)
FOLLOW US
Unrivalled Ocean Freight
Unparalleled choice and flexibility are synonymous with the UK’s leading Ocean Freight provider.
Award Winning Airfreight
Our record breaking (five times) BIFA Airfreight Award winning team eagerly await your enquiries.
Premium European Services
The UK’s leading independent provides quality services to and from all major locations across Eastern and Western Europe.
Uniserve Careers
View our careers page to find out more about a Uniserve career.
Customs Insights
Your Customs Compliance and Duty Management Experts.
Keep in Touch
Please subscribe to receive a monthly newsletter of our latest news and articles.
More News…..
Distribution warehouse design: optimise your logistics for success
Whether you are setting up a warehouse distribution centre from scratch or optimising an existing one, getting your distribution warehouse design right can lead to significant cost savings and smoother processes. A well-executed warehouse design not only improves the...
Understanding warehouse logistics
Warehouse logistics is a crucial component of efficient supply chain management. It plays a fundamental role in ensuring goods move smoothly from suppliers to customers while minimising costs and maximising efficiency. This comprehensive guide will cover everything...
Red Sea Disruption Update
The Red Sea crisis has been ongoing for more than a year and the situation still remains volatile. Power struggles in Syria adds to the volatility. Amongst celebrations from many Syrians of getting rid of the old regime, a power struggle has emerged between internal...