ThomsonReuters

FEBRUARY 15, 2021

When the United Kingdom (UK) officially implemented its Brexit plan and withdrew from the European Union (EU) on January 31, 2020, the UK and EU entered into an eleven-month “transition” period, the main purpose of which was to negotiate a free trade agreement (FTA) between the two parties. Finally, on December 24, 2020, the UK and EU announced that an agreement had been reached allowing originating goods to continue to flow under duty and quota-free conditions after the Brexit transition perio

Compliance 105

Compliance Technology Start-ups 105

ThomsonReuters

FEBRUARY 15, 2021

As the clock on Brexit continued to wind down, a free trade agreement (FTA) between the United Kingdom and European Union looked increasingly unlikely. Fortunately, a last-minute deal was struck between the UK and EU. On December 24, 2020, the UK and EU announced that an agreement had been reached allowing originating goods to continue to flow under duty and quota-free conditions after the Brexit transition period ended on December 31, 2020.

Compliance 52

Compliance Technology Marketability 52