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The UK-EU trade deal: What you need to know | Hogan Lovells


[co-author: Iris Karaman]
On Christmas Eve, the United Kingdom and European Union finally agreed a trade deal – the Trade and Cooperation Agreement (TCA) – which will define the post-Brexit trading relationship between the European Union and United Kingdom from 1 January 2021. We have set out key elements of the framework that businesses trading between the European Union and United Kingdom need to be aware of.
The TCA will be directly relevant to all businesses that export and import goods across the UK-EU border. Although EU and UK businesses will notice more burdens and restrictions than they have been accustomed to, the TCA goes some way to preserving the flow of trade in goods; perhaps most significantly, trade between the United Kingdom and European Union will be duty free and quota free provided the goods originate in the United Kingdom or European Union. ....

United Kingdom , Northern Ireland , Great Britain , Hogan Lovells , European Union , United Kingdom To European Union , Partnership Council , World Trade Organization , United Kingdom Or European Union , Christmas Eve , Cooperation Agreement , Customs Tariff , Global United Kingdom Tariff , Authorised Economic Operator , Northern Ireland Protocol , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , நன்று பிரிட்டன் , ஹோகன் லவ்ல்ஸ் , ஐரோப்பிய தொழிற்சங்கம் , ஒன்றுபட்டது கிஂக்டம் க்கு ஐரோப்பிய தொழிற்சங்கம் , கூட்டு சபை , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , ஒன்றுபட்டது கிஂக்டம் அல்லது ஐரோப்பிய தொழிற்சங்கம் , கிறிஸ்துமஸ் ஈவ் , சுங்க சுங்கவரி ,