BC BREXIT
Saved by @Jacobtldr

So on origin, it’s getting a bit hard to keep up with all the rumours so here is where I think we are with this (correct me if I missed something)

/1 https://t.co/N5dDcbH7u7

 Claiming origin.
Two ways for traders to claim origin under the EU-UK deal:

1⃣ Self-certification by the exporter (standard) – normally requires an authorisation, I’m hearing that might not be needed for UK-EU trade – waiting for guidance or more info

/2
2⃣ Self-certification by the importer (new(ish), in the EU-Japan deal and some continuity deals). UK importers have little experience with this one, but helpful guidance available given initial uncertainty around using this form of certification

/3
Retrospective claims.
For up to 3 years under each side’s domestic regulation – conditions, circumstances to be determined by both sides.

Careful here cause you might be required to have a good justification for why it wasn’t submitted at the time of import. Guidance needed
/4
Additional easements
On the UK side, this is part of the 6 months phase-in period– if you’re deferring a customs declaration you’re also deferring submitting an origin claim. If you're not deferring than origin documentation required at the time of import.

/5
Let’s be clear, this will be an area of risk for many companies ‼️

Advisors and customs practitioners will spend the next 6 months talking to companies about the need to meet rules of origin. Commercial risks here too.

/6
There is a question around the supplier's declaration.

Normally this is a document that you use if you're not the manufacturer of the product or if you rely on the origin of the parts and components you're using.

It's a way to track origin throughout the supply chain

/7
You normally need them before claiming originating status. Now we have a derogation, a simplification. And while that means more time for businesses and suppliers to understand what is needed - it's a massive area of risk.

/8
And I do not want to sound ungrateful - I'll take all the simplifications I can get but just not sure how this is going to play out in terms of compliance... It's hard enough to get these on time as it is...

/9
Interestingly the UK guidance covers EU side too. Which brings me to my last point - further simplifications on the EU side...? 🤷‍♀️

As far as I can see this is where we are for now.

/10
I keep hearing things... so this might not be over.

We still have 3.5 days left so plenty of time before all this is implemented.

/end

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Ireland's foreign min @SimonCoveney says there will be no breakthru at the #euco this wk, that EU fishermen will not be "sold out" in order to secure a future relationship deal, and that if there is a deal it will not be ratified unless the UK "remove" Internal Mkt Bill clauses

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[THREAD]

[1] How are you all feeling today...down there?🍆

Well please be careful because now we've left the EU we are all due waves of super gonorrehoea.

Wrapping yourself in the #EU flag and putting #FBPE in your bio is the only known

[2] Are you hungry? Well get used to it.

We were fed (excuse the pun) stories as late as November 2020 that #Brexit would lead to 60% reduction in haulage meaning 'months' of food shortages.

[3] Forget those foreign holidays unless you fancy swimming the Channel.

As late as October 2020 we were told that all flights would be grounded.

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