Brexit trade deal disorients business owners - GulfToday

Brexit trade deal disorients business owners

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Gulf Today Report

Britain's exit from the European Union came with a price for British business owners despite the Brexit free trade deal.

As the year begins, entrepreneurs are finding out that they are required to pay duties on exports bound for the European Union.  


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The “rules of origin” is at the centre of the Brexit deal. It applies to all goods crossing the border and can affect businesses.

Based on the new rule, any good arriving Britain from abroad and then exported into the European Union will be charged a custom levy.

This new development has affected freight traffic to Ireland since Britain's Brexit on December 31.

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