With all eyes on events in the UK Parliament yesterday it’s easy to lose sight of the seriousness of which the EU is taking the risk of the UK leaving the European Union with no deal in place. There currently appears, from press reports to be no alternative proposals on the table and therefore the risk of no deal would seem high.
With 8 weeks to go until the United Kingdom’s withdrawal from the European Union on 31 October 2019, yesterday the Commission reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal’ scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal’ scenario on 1 November 2019, remains a possible, although undesirable, outcome.
Therefore the European Commission has published a detailed checklist to help those businesses that trade with the UK to make final preparations. In order to minimise disruption to trade. The EU is advising all parties involved in supply chains with the UK – regardless of where they are based – to be aware of their responsibilities and the necessary formalities in cross-border trade. This builds on previous Communications and 100 stakeholder notices, which cover a broad range of sectors.
Full details can be read below:
Meanwhile specific guidance has been issued by the European Commission to EU citizens residing in the UK and UK nationals living in the EU. Please use the link below to download the fact sheets.