Brexit, movement of goods and the supply chain

The optimal outcome of the negotiation process pursuant to Article 50 TEU in respect of tariffs on trade between the UK and the EU would be a full free trade agreement. This would deal not only with tariffs and quotas but with all trade, services and investment matters, including customs cooperation and trade facilitation. If this cannot be agreed, either due to differences between the parties or because of the expiry of the two-year negotiation period before terms can be concluded, the UK should offer an agreement that tariffs and quotas will not be applied by either side, as part of the framework for the future relationship, on an interim basis for a limited period with a view to a free trade agreement.

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