View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
January 5, 2021

Logistics UK welcomes FTA – cautions much to do

Logistics UK has reacted with optimism to the Free Trade Agreement (FTA) reached between the UK and European Union (EU), but cautions there is still much to be done to protect the nation’s supply chains and the economy as a whole.

By Rhodri Morgan

Logistics UK has reacted with optimism to the Free Trade Agreement (FTA) reached between the UK and European Union (EU), but cautions there is still much to be done to protect the nation’s supply chains and the economy as a whole.

The FTA was inked on Christmas Eve (2020) and secures what many in industry have urged – namely zero tariffs and no quotas as the UK leaves the EU Customs Union and Single Market.

“A deal is great news for the UK economy since it removes the risk of tariffs being placed on almost every item imported from the EU, which would have raised prices and slowed the rate of economic growth,” said said FTA policy director, Elizabeth de Jong.

“We are still absorbing all the details, but it looks as though HGVs will continue to have access to the EU market and aircraft will still be permitted to fly to and from the EU, which safeguards the UK’s highly interconnected supply chains and protects the jobs of those charged with keeping the country stocked with the goods it needs.

“Meanwhile, Logistics UK is urging traders to continue to get ready for new trading conditions as they were before, as the new trading relationship will still require many of the same preparations, not least the introduction of customs declarations and additional checks on food and livestock.  Logistics UK is advising traders not leave paperwork to the last minute, or ignore it, as this will cause delays to journeys.”

Logistics UK (formerly FTA), represents logistics businesses and more than 7m people directly employed in the making, selling and moving of goods.

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto