Golden Exortics banana export to UK faces Brexit tariffs
January 6, 2021
The items include 185 metric tonnes of bananas, the majority of which were so-called Fairtrade.
Because Britain and the European Union reached a trade deal so close to the divorce transition deadline of December 31, some other “continuity” deals — those intended to roll over the terms of trade the U.K. enjoyed as a member of the EU — still hang in the balance. Agreements with Albania, Algeria and Serbia are also outstanding.
While they wait, their exports face Britain’s Generalised Scheme of Preferences, which applies import duties at reduced rates on developing countries.