Re: Remainers March in London
My government informed me as follows
After March 29, 2019 Brexit is a fact. Then the United Kingdom leaves the European Union. The regulations that apply to trade between EU countries will no longer apply to trade with the UK. New agreements must therefore be made about this.
The United Kingdom is becoming a country outside the EU
After 29 March 2019, the UK is no longer part of the EU. From then on, the EU sees the UK as a country outside the EU and the same rules apply as for other countries outside the EU. However, the EU and the UK are committed to making arrangements about the future relationship and, for example, reaching a trade agreement.
Hard or cliff-edge Brexit?
A strong Brexit is a Brexit whereby the UK leaves the European internal market and the European customs union. If we look at what the UK has indicated in the negotiations, the UK seems to be heading for a tough Brexit. This means that you will have to deal with customs procedures and import tariffs in the future. And with other additional trade barriers.
In the case of a 'very hard' Brexit, often referred to as the cliff edge scenario, there is no agreement and then all trade between the UK and the EU falls under the rules of the World Trade Organization (WTO). That means import tariffs and checks at the border.
Rising costs. It is important to already find out what that can mean for your trade. Which administrative matters do you deal with? Which investments do you need to make in software, personnel and logistics? What is changing at the border? And does your cost price change? Does it make sense to open a branch in the UK? Or keep stock.
Whatever the outcome of the negotiations, it is certain that the UK is leaving the EU. You must already prepare yourself for doing business with a country outside the EU. If you assume a cliff-edge Brexit, you are well prepared