Are you ready to trade in goods with the EU after 31st December 2020?

06 Nov 2020

Published in: Black Country Chamber of Commerce News

Are you ready to trade in goods with the EU after 31st December 2020?

A message from the Black Country Chamber of Commerce:

Are you ready to trade in goods with the EU after 31st December 2020?

As businesses across the country are contacted by the Secretary of State for Business, Energy & Industrial Strategy, Rt Hon Alok Sharma MP, the Black Country Chamber of Commerce are advising the region’s firms trading with the EU, to prepare ahead of the 31st December.

Mr Sharma has written to businesses this week acknowledging whilst its “difficult with the national restrictions, I urge you to prepare for the future trading relationship in two months' time.”

And, as the transition period is due to end in just over 7 weeks-time, on December 31st and without an extension, companies who trade goods with the EU are being advised that the rules will change whilst time is running out to prepare.

“Regardless of whether we reach a trade agreement with the EU, from 1st January the new rules will apply for any trade with Europe,” said Corin Crane, CEO of the Black Country Chamber of Commerce.

“Businesses will need to make customs declarations for any goods moved between Great Britain and Europe, pay the relevant tariffs on any goods moved between Great Britain and Europe and follow new processes for moving any goods into Northern Ireland from Great Britain. If companies do not act, there is a risk that their business operations will be interrupted.”

To help businesses prepare the regional Chambers of Commerce and West Midlands Combined Authority (WMCA) have stepped up their FREE support to help businesses prepare for the end of the Brexit transition period. The WMCA, Black Country Chamber of Commerce (BCCC), Coventry & Warwickshire Chamber of Commerce (C&WCC) and the Greater Birmingham Chambers of Commerce (GBCC), have joined forces to scale up existing support.

The programme, available until February 2021, gives local businesses access to:

• Fully funded places on a choice of 24 accredited and non-accredited high-quality international trade-focused training courses (worth c.£200+VAT per delegate per course)

• 15 free webinars featuring guest experts on all aspects of preparing for 2021, including intellectual property, data protection and immigration • One-to-one support with customs and export documentation-related queries

• Digital resources, including business briefings, checklists and videos on key topics.

To find out more about the support available, get in touch with our Policy team via email or telephone 0330 024 0820.

Mr Crane concluded, “This collaboration ensures that support is out there for our importers and exporters with the most relevant and timely detail provided to ensure that our Black Country and West Midland companies are able to navigate the trading landscape following the end of the transition agreement.”

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