Institute of Direction

The IoD laid on an event looking at post-Brexit customs arrangements this week, which covered some of the same technical issues we’ve been highlighting for clients. Rules of Origin and Operational Customs Compliance will become increasingly familiar terms for manufacturers with an international trade or supply chain – and it’s worth looking at the different tariff arrangements (whether EU, FTA or WTO) for “finished” goods and “parts to be assembled”. The short and long of it is that many companies will still have an opportunity to work profitably through the new conditions, whatever they are.

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