Market Information

Delay of Brexit - What is still to be considered?

As is known, early general elections for the House of Commons are scheduled for December 12, 2019 in the UK. The EU has also agreed to extend the Brexit deadline to 31 January 2020. The danger of a no deal Brexit is thus averted for the time being. If an agreement on the negotiated contract is reached before 31.01.2020, the agreed transitional period will initially remain in force until 31.12.2020. 

Regardless of whether it is a "soft" or a "hard" Brexit, a customs authority of the respective recipient is essential for the processing of shipments to and from the UK. Therefore, we ask our customers to continue to advise their recipients to provide us with the necessary customs authority.

We will keep you up informed about further developments.

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