Britain expects to “mirror” much of the existing EU customs system both during and after Brexit, according to government plans that could prevent Liam Fox from immediately implementing new trade deals. Guy Verhofstadt (@GuyVerhofstadt) To be in & out of the Customs Union & "invisible borders" is a fantasy. The compromises are outlined in the long-awaited policy paper on future customs arrangements that promises “the freest and most frictionless system possible” via a complex series of modifications to the existing system. “The way we approach the movement of goods across our border will be a critical building block for our independent trade policy. But even the two scenarios outlined by the government for this end-state position could still involve substantial overlap with EU customs procedures to try to minimise chaos at ports.

Source: The Guardian August 15, 2017 11:31 UTC