International ecommerce: UK leaves EU
The UK left the EU on 31 January 2020 and entered a transition period till 31 December 2020. This is the date on which Britain will probably leave the single market and customs union. The transition time is to give both sides some breathing space while the future UK-EU relationship and co-operation are negotiated.
In the meantime the UK remains in the EU’s single market and customs union. It continues to obey EU rules, but is no longer part of the political institutions. This means that nothing changes for cross-border ecommerce and sellers can continue to trade under current rules until the end of 2020.
What aspects of the future UK-EU relationship need to be decided?
- A new free trade agreement
- Law enforcement, data sharing and security
- Aviation standards and safety
- Access to fishing waters
- Supplies of electricity and gas
- Licensing and regulation of medicines.
The final trade agreement is a key point for many eBay sellers. It may have various implications for businesses exporting and importing goods to and from the UK.
According to eBay,
Brexit will definitely mean changes to trading rules once the transition period has ended. But we won’t know more until the UK and EU have agreed these.
The platform will be monitoring the situation over the coming months and will provide updates on the latest advice from the Government.
Brexit-related updates for eBay sellers
eBay, which relies heavily on cross-border trade, announces Brexit-related updates. The platform has highlighted the contribution of Britain’s entrepreneurs to the UK export market. eBay wants to make sure policymakers and trade negotiators fully understand the role of international trade for S