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Customs duties have been deleted – London prevents the shock

After the re-no to the EU exit the Treaty in the British Parliament has submitted to the government measures for the case of an unregulated Brexit. Import duties should be removed for many commodities and a hard border between Ireland and Northern Ireland is avoided.

This is the government announced on Wednesday. The measures should be temporary until a final regulation in time. However, it is expected that the majority of the members will speak at the on Wednesday evening to vote against leaving the EU without agreement.

in this case, a request for postponement of the for the 29 is on Thursday. March provided for exit of the UK from the EU. The would have to agree to the EU.

now for a hard Brexit without a contract, proposed Plan envisages that 82 per cent of all imports from the EU can be imported without duties to the United Kingdom. At the same time, more Goods are delivered from other Parts of the world to the island should be exempt from customs duties.

the bottom line is this, the share of duty-exempt imports is expected to rise from currently 80 to 87 percent. Thus, the impact of the feared price increases after a No-Deal-Brexit will be intercepted for the British consumer.

No new checks at border

At the same time, which is now submitted to government plans, to want to be on the border between the British province of Northern Ireland and the EU-the state of Ireland, no new controls in place. Also supplies were not to be verified at this border.

These measures should, however, apply only for a limited period of time until the UK with the EU Commission and the Irish government on a lasting settlement to avoid a "hard limit" has been reached. On Tuesday evening, Prime Minister Theresa May had suffered again a crushing defeat, and the vote on the EU negotiated Brexit Treaty with 391 242 votes lost. Thus, two weeks ahead of the planned exit of the UK from the EU, the risk of Brexit without a contract, which could result in severe consequences for the economy. (SDA/AFP)

Created: 13.03.2019, 09:42 PM

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