As you may have seen, the UK Government has just released the first in a series of papers setting out how the UK and the EU can create a new partnership with regard to international trade. The paper outlines the Government’s thoughts on two approaches which the UK could adopt, in order to meet the requirements of trade with the EU, as well as mechanisms for getting there and confirmation of the “back-stop position”. Below is some high level commentary on what the paper means, how your business could be affected and why we recommend you now assess what Brexit means to you as a business and how you might need to plan going forward.
