BREXIT UPDATE: UK Officially Leave the EU on 31st January 2020
It is official; the UK will leave the EU on 31st January 2020. The UK will enter the transition period from 1st February 2020 until 31st December 2020.
The EU President (Ursula von der Leye) and Boris Johnson have now signed the WAB (The Withdrawal Agreement) which just anticipates approval from the EU parliament. The WAB warrants the UK leave the EU in methodically and provides a transition period.
transition period will commence on the 1st February 2020, and conclude on 31st
December 2020. In this time, nothing changes and existing agreements remain the
The most important part of this transition period for our customers, is that trade remains as present. There is no need for amendments when shipping goods to and from Europe until the commencement of the transition period at the end of 2020.
This period allows time for the UK and EU to consult the prospective relationship. We understand the concerns of our customers, partners and colleagues of what Brexit will mean for us all.
We will continue to keep you updated with an important Brexit News.