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Thursday, 09. January 2020

Orderly Brexit on January 31, 2020 in sight – start of the transition period

With the new majority in the British House of Commons and the EU’s expected approval, an orderly withdrawal of the UK from the EU is expected on January 31, 2020. As a result, the transition period would start on February 1, 2020. During this period the UK will remain in the EU’s customs union and the single market until negotiations on the future EU-UK relationship are completed.


Among other aspects, the current withdrawal agreement defines that the UK will remain in the customs union and single market until the future EU-UK relationship has been renegotiated. Until then, the UK will continue to be treated as an EU member under customs law.

 

For the administration of the AEB software, this means that there is NO need for action in the software on the withdrawal date of January 31, 2020.

 

Configurations that identify the UK as an EU member will remain unchanged during the transition period. Even if the UK decides to withdraw politically, everything relating to customs regulations will remain the same for the time being.

 

The prepared software adaptations for a no-deal Brexit are not applicable and must NOT be activated.

 

In the second quarter of 2020 it will become clear whether an agreement will be reachable by the end of 2020. If this is not the case, an extension of the transition period must be decided on by July 1, 2020.

 

As soon as the AEB software is affected in any way, we will inform you here.


Further information

 

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