Great news: The UK’s Brexit secretary, David Davis, and the EU’s chief negotiator, Michel Barnier, have made a provisional agreement on a Brexit transition period, whereby the UK will retain the benefits of the single market and customs union until 31 December 2020.
“This is very good news for DFDS and our customers, and indeed for everyone in the UK and the EU who deals with business across the sea. If the provisional deal is, as expected, signed off by the EU member states, it means that we will be able to continue our day-to-day business as usual until 2021. This will give us much more time to prepare for a Brexit, and thus mitigate the consequences for our customers, and give us good time to develop the customs clearance or other solutions we may need after a full Brexit,” says Niels Smedegaard.
Trade is part of the draft withdrawal agreement that includes other important areas such as EU citizens’ free entry into the UK. However, it is not yet fully complete. For example, there is still no agreement on the Republic of Ireland/Northern Ireland border issue.
March 20, 2018