Companies exporting goods into Northern Ireland from the rest of the U.K. after Brexit will need to file new customs paperwork, an extra headache for businesses when Britain completes its split from the European Union at the end of the year.
According to a draft government plan seen by Bloomberg News, firms will need to file import declarations as well as safety and security declarations in advance, otherwise they will not be allowed to move goods across the Irish Sea.
The system will be policed by a new and untested IT platform called the Goods Vehicle Movement Service, which will also police movements of freight across the English Channel. If a haulier is unable to show it has approval from the GVMS, its trucks will not be allowed to board a ferry going to Northern Ireland, according to the plan.
The checks are a consequence of the Brexit Withdrawal Agreement passed by Boris Johnson’s government earlier this year. Under the agreement, Northern Ireland will remain in the EU’s single market and customs union. To avoid putting customs posts on the border with the Republic of Ireland, the U.K. government is required to check goods moving from Great Britain into Northern Ireland. Under pressure from Unionists, Johnson has attempted to play down the significance of those checks.
HMRC didn’t immediately respond to a request for comment.
Today, the Alliance for Chemical Distribution (ACD) welcomed 666 members and industry leaders for its highly anticipated 2024 Annual Meeting held in La Quinta, California.
View ArticleThe National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said today.
View ArticleDonald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates.
View ArticleIndustry updates and weekly newsletter direct to your inbox!