On 23 June 2016, the British voted in favour of Brexit with around 52 percent of the vote in a referendum. Brexit is a combination of “Britain” and “Exit.” After more than 40 years of membership, the art word stands for Britain’s exit from the European Union – the first country ever to do so.
First of all, everything remains as usual: the British do not leave the European Union with immediate effect, and the EU rules remain in place for Britain. The withdrawal clause gives a two-year deadline for so-called divorce talks, during which the relationship between EU member states and the UK must be negotiated.
BREXIT AND CUSTOMS
Among other things, it will be necessary to clarify in the next two years how customs clearance between the EU Member States and the United Kingdom will proceed in the future. Preferential trade in goods must also be negotiated after the British exit. At present, the UK still enjoys competitive advantages resulting from preferential agreements that the EU has concluded with a large number of countries.
POSSIBLE SCENARIOS AT A GLANCE
Experts from dbh Logistics IT AG (dbh) dared to look into the glass sphere and have produced a summary white paper with future conceivable constructs between the European Union and Great Britain. The document sets out and explains several conceivable models and their approaches to future customs clearance and preferential agreements between the EU and the UK.