Britain's Road Haulage Association (RHA) has welcomed the Free Trade Agreement (FTA) secured between the UK and the European Union ((EU).
The FTA was inked on Christmas Eve and secures what many in manufacturing have urged – namely zero tariffs and no quotas – as the UK leaves the EU Customs Union and Single Market.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
"There are, of course, many details to be finalised and confirmed, but UK traders and hauliers, dependent upon trouble-free access to the Irish Republic and continental Europe will still be hit by vast amounts of new paperwork processes and of course border checks," said RHA chief executive, Richard Burnett.
"What we do know is there will be no 10% tariff on new lorries and that is both welcome and a relief."
Burnett is also calling for a six-month implementation period.
"The British economy cannot afford for UK and EU hauliers and traders to begin 2021 with an ill-prepared journey into the unknown," he added.
