Your 10 Key Actions for International Trade
26 Mar 2019
Published in: Black Country Chamber of Commerce News
What will happen to the UK's trading position with the EU after Brexit and what key actions can you as a business now take? Find out in our latest blog which offers 10 key steps to take.
Following our International Trade and Brexit Seminar on Wednesday 20th March, we have put together a bitesize, 10-point ‘International Trade Action Plan.’ As Parliament looks set to explore alternatives to the Prime Minister’s Withdrawal Agreement this week, this handy guide provides some of the certainty that business desperately needs.
The following points relate specifically to continued frictionless trade with European markets. If you are interested in learning more about how to prepare your workforce for EU-exit and particularly to gather more information on the government’s ‘Settlement Scheme’, visit our website and read through some more useful documents here.
It is also worth pointing out that the Black Country Chamber of Commerce is the Europe Direct Information Centre (EDIC) for the Black Country. This is an EU-Commission funded project through which we act as a signposting service for local citizens and businesses. If you have particular legal questions around post-Brexit immigration or legislation and directives, we can feed through to the EU Commission directly. Find out more here.
So, what are the key steps that businesses can take to assure that they continue to trade with European partners?
1. Get an EORI number
A UK issued Economic Operator Registration and Identification (EORI) number is essential for UK businesses that wish to import or export goods with the EU after the UK leaves the EU. Apply to receive an EORI number here.
2. Placing manufactured goods on the UK market if there’s no Brexit deal
What you need to do to comply with regulations on manufactured goods you place on the UK market after 29 March 2019, is provided here.
3. Placing manufactured goods on the EU internal market if there's no deal
What you will need to do to comply with regulations on manufactured goods placed on the EU internal market after 29 March 2019, is provided here.
4. Check your commodity/tariff codes
Commodity codes are used to ensure goods have the correct tariff classification. To search for your commodity code, or seek HMRC advise if further help is needed, click here.
5. Temporary rates of customs duty (tariffs) on imports after EU Exit with no deal, find more information here.
6. Know what certificates your products need
6.1 BREXIT AND CE MARKING UPDATE (JANUARY 2019). More information here.
6.2 The government issued Notice ‘Trading goods regulated under the ‘New Approach’’ if there’s no Brexit deal (September 2018). More information here.
- The notice affects companies who produce or trade goods that are subject to EU product safety standards, for example those that are required to carry the CE conformity mark or the Wheel Mark of conformity as used for maritime products.
- If there is no deal, a new UK conformity mark and system will be introduced, which at the point of departure will be identical to the requirements of the EU 'new approach.'
7. The UKCA (UK Conformity Assessed) marking
The UKCA (UK Conformity Assessed) marking is the new UK product marking that will be used for certain goods which are currently subject to CE marking and which are being placed on the UK market if we leave the EU without a deal. Find more information here.
8. Check your product labelling
Exported products must be labelled correctly to reflect the UK's third country status. UK products can no longer use 'EU' in country of origin labelling. For example, the rules for what you must show on food labels will change for some food and drink products if the UK leaves the EU without a deal on 29 March 2019. Find more information here.
9. VAT IT system rules and processes if the UK leaves the EU without a deal
In the event that the UK leaves the EU without a deal, from 11pm GMT on 29 March 2019, many UK businesses will need to apply the same processes to EU trade that apply when trading with the rest of the world. Find more information here.
10. Sign up to receive updates from the Government ‘Prepare for EU Exit’
Sign up here: gov.uk/government/brexit
Government's Partnership Pack This pack provides a high-level guide to processes and procedures that are likely to apply to cross-border activity between the UK and the EU in a ‘no deal’ scenario. Find more information here.
In line with the British Chambers of Commerce, we also have some useful checklists and registers for members. Check out our ‘Brexit Business Checklist’, which details key points that business needs to consider as we prepare to leave the EU. From Intellectual Property Rights and Customs Declarations, to VAT Workforce Planning, our checklist means that you can address issues that may otherwise have gone unnoticed. Download the Brexit Business Checklist here.
We also have the ‘Brexit Risk Register’, which uses a RAG rating to assess the government’s progress on key policy issues. Currently, there are far too many ‘red’ warnings alongside the issues outlined in the document. The document can also be used as a basis to email MPs, Ministers or government departments. Download the Brexit Risk Register here.
We have a wealth of experience in our office, from Export Documentation, to post-Brexit immigration status and wider International Trade advice. If you have a specific query relating to Brexit, using much of the information provided above, we will endeavour to find you a suitable answer. We regularly update followers of our social media channels on key issues around Brexit, so be sure to check out @BCCCmembers on Twitter to keep up to date on events and updated support documents. If social media isn’t your thing and you would like to discuss issues directly with Chamber staff, simply contact the Chamber’s External Affairs team at 0330 024 0820.
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