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One year Brexit: No traffic jams, but less trade

One year Brexit: No traffic jams, but less trade

There was no congestion on the border, but less trade with the rest of the world for the British. This is almost 1 full year after Brexit, FD reports. The long queues at the border checkpoints were frightening, but looking back it was not so bad.

Despite this, trade in the country shrank and there was traffic congestion at British petrol stations. Brexit is not easy. In the beginning, in the first months, there was a lot of focus and there were major issues with border controls. On the European side, this was well settled by teleportation automation so that exporters could have their documents ready in advance. But the British side was not ready for that. It is a step in the right direction, “said Anton Walk, president of the Anglo-Dutch Chamber of Commerce.

Traffic congestion threatening again

That’s why next week will be another important milestone, Walk said. Tests should then be introduced at all border posts. “That means there will be another period of operational uncertainty. The question is to what extent the systems are ready to operate. This will cause traffic congestion at the border and delay deliveries.”

But for the British, Brexit was completely different. In the first instance, it was under the control of migrants, laws and their money, so big trade deals would be made as well. ‘All that did not work. Can’t expect everything to come out in the first year, but the first year didn’t turn out well. Politically it is very unstable, not only in London, but also in Northern Ireland.

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Trade

So far, the British have only been able to conclude a trade agreement with Australia. Negotiations are underway with the CPTPP, a free trade zone located in New Zealand and around the Pacific Ocean. On the other hand, trade in commodities has fallen sharply. According to the European Reform Center, commodity trade in October was 15.7 percent lower than the EU member state. This would have resulted in a loss of 15 billion euros. There is also a significant staff shortage in construction, agriculture, sanitation, catering and transportation.