UK to stay in Common Transit Convention
The government announced this means “simplified cross border trade for UK businesses exporting their goods”. “It will provide cashflow benefits to traders and aid trade flow at key points of entry …….. traders will only have to make customs declarations and pay import duties when they arrive at their final destination.” How about some apologies from all those who said border friction would b e very damaging?
Source: http://johnredwoodsdiary.com/2018/12/19/uk-to-stay-in-common-transit-convention/
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