This provides a useful overview of whether the negotiation of a new trading relationship between the UK and EU in the transition period may affect, amongst other things:
- imports of equipment, plant and materials originating from non-EU Member States as well as EU Member States;
- access to suitable workers;
- consent licences and permits; and
- the costs of imports due to currency fluctuation between sterling and other currencies due to economic uncertainty.
If you would like to discuss specific arrangements for support through the risks of the move to an uncertain future relationship, on how you might express the concerns of your business to governments, on dispute risks that may arise, or on any other questions or challenges you have, please do contact your regular Herbert Smith Freehills relationship contacts, or otherwise any of our experts listed here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.