Brexit has created a lot of uncertainty. However, rest assured Diamond has been at the forefront of our industries negotiation to make sure that the UK can remain your global hub for all your distribution requirements. With no additional barriers to trade.
We believe Brexit will happen – but although the date for this is set as March 29 2019, there is a transitional period until Dec 2020 which means all trade rules that exist now including no tariff between European states will continue at least until the end of the transition period.
The key aspects of the agreement are:
Back to News & blog
- The transitional period will last from Brexit day on 29 March 2019 to 31 December 2020
- EU citizens arriving in the UK between these two dates will enjoy the same rights and guarantees as those who arrive before Brexit. The same will apply to UK expats on the continent
- The UK will be able to negotiate, sign and ratify its own trade deals during the transition period
- The UK will still be party to existing EU trade deals with other countries.