Brexit

Making sense of EU trade relations after Brexit

Van Bael & Bellis is uniquely placed to assist companies and third country governments in understanding and navigating the regulatory complexities resulting from the UK’s decision to leave the EU.

  • EU single market

  • Free trade agreement

  • Customs tariffs
     

  • Trade relations

Latest news

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    • 20/01/2021
    • News

    Review of EU anti-dumping and/or anti-subsidy measures following the withdrawal of the UK from the EU

    On 1 January 2021, the transition period specified in Article 126 of the “Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community” (“Withdrawal Agreement”) ended. As from the same date, the relationship between the European Union (“EU”) and the United Kingdom (“UK”) is governed by the “Trade and Cooperation Agreement between the European Union and the European Atomic Energy Community, of the one part, and the United Kingdom of Great Britain and Northern Ireland, of the other part” (“TCA”), which was concluded on 24 December 2020. On 18 January 2021, the European Union published a “Notice regarding the application of anti-dumping and anti-subsidy measures in force in the European Union following the withdrawal of the United Kingdom and the possibility of a review” (“Notice”) which affirms the possibility of requesting a review of the existing EU anti-dumping and/or anti-subsidy measures on the grounds of the withdrawal of the United Kingdom from the European Union (“Brexit”). This client alert briefly analyses the conditions that must be met in order to obtain the initiation of such a review. Please click on the link below to read our client alert on the topic.

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    • 12/01/2021
    • News

    Investment Protection Implications of the EU-UK Trade and Cooperation Agreement (TCA)

    On 24 December 2020, the European Union (“EU”) and the United Kingdom (“UK”) agreed a Trade and Cooperation Agreement (the “TCA”), with provisional application from 1 January 2021. Title II of Part Two, Heading One (Trade) of the TCA includes provisions relating to “services and investment”. Yet, the provisions are minimal. In respect of investment protection, the TCA is more notable for what is out than what is in. This Client Alert provides our short analysis of the TCA’s investment protection provisions. It considers and discusses the TCA’s implications for EU-UK investors and what steps should now be taken by investors to maintain international protection for EU-UK investments. Please click on the link below to read our Client Alert on this topic.

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    • 11/01/2021
    • News

    The impact of Brexit on Trade Defence Instruments

    On 24 December 2020, the European Union (“EU”) and the United Kingdom (“UK”) concluded a “Trade and Cooperation Agreement between the European Union and the European Atomic Energy Community, of the one part, and the United Kingdom of Great Britain and Northern Ireland, of the other part” (“EU-UK Trade and Cooperation Agreement” or “TCA”). The TCA was ratified by the UK on 31 December 2020. The EU started to apply the TCA on a provisional basis on 1 January 2021. The European Parliament and the European Council of Ministers will have to ratify it by the end of February 2021. The TCA defines the specific terms of the relationship between the EU and the UK, following the end of the transition period, which was governed by the Withdrawal Agreement, and therefore the departure of the UK from the EU Single Market (comprising the free movement of persons, goods, services and the freedom of capital) and the EU customs union. The TCA establishes a free trade area between the EU and the UK by ensuring no tariffs or quotas on trade in goods that have preferential origin of either party. However, as of 1 January 2021, the EU and the UK form two distinct markets each governed by its own rules, including those relating to trade defence instruments (TDIs). Please click on the link below to read our client alert on the topic.

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Brexit Knowledge Hub

The impact of Brexit on EU trade relations

On 23 June 2016, a referendum was held on whether the United Kingdom (“UK”) should leave the European Union (“EU”). The results – 52% of the electorate voted in favour of the UK’s exit from the EU (the so-called “Brexit”) – will have an impact on future EU trade relations.

Please find our analysis in the enclosed document

VBB Memorandum | PDF
Brexit negotiations: Implications for trade

Please find enclosed our detailed outline of implications for trade that would result from Brexit negotiations

VBB Memorandum | PPT
Court of Justice of the European Union delivers Opinion 2/15

Court of Justice of the European Union delivers Opinion 2/15 on the allocation of competences between the European Union and the Member States as regards the Free Trade Agreement between the European Union and Singapore

Please find our analysis in the enclosed document

VBB Memorandum | PDF
EU Commission and European Medicines Agency's Brexit Q&A

The European Commission and the European Medicines Agency operate on the working assumption that the United Kingdom will become a third country on 30 March 2019. In order to help pharmaceutical firms deal with this contingency, both bodies will publish a series of Question and Answer documents addressing the many issues which a withdrawal of the UK from the European Union will give rise to. A first such Q&A dealing with establishment requirements for centrally authorised medicines came out on 31 May 2017.

Please click below to review enclosed documents

VBB Memorandum | PDF Press release / Q&A
Brexit: European Commission Position on Protection of Personal Data Until (and After) UK Withdrawal

In a position paper of 6 September 2017, the European Commission reveals the minimum requirements for the protection of personal data in the context of the UK’s withdrawal from the EU (the Position Paper). The Position Paper sets out the obligations that will be expected for data which is received or processed by the United Kingdom or by entities in the United Kingdom after the withdrawal date.

Please click below to review our summary of the Position Paper

VBB Memorandum | PDF

Recent publications

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    • 17/11/2020
    • Articles

    Brexit Implications for Data Protection in 8 Questions after the end of Brexit transition

    The end of the Brexit transition period is only six weeks away and from that moment on, the GDPR will no longer be applicable in the UK and the UK will be considered a third country. Brexit continues to raise many legal questions and uncertainties, not least for the protection of personal data which flows between the UK and the rest of Europe. Will organisations in the UK still have to comply with the General Data Protection Regulation (GDPR)? Can they still transfer personal data to the EU? Will they need to appoint a representative in the EU? And what will happen with the one-stop-shop? On the basis of eight frequently asked questions, we provide an overview of issues to consider and steps to take in order to be compliant with data protection rules during and after the transition period. Please read our Q&A on the topic.

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    • 30/12/2019
    • Articles

    Brexit’s Implications for Data Protection in 8 Questions

    The UK is set to leave the EU on 31 January 2019. As the EU and the UK prepare for Brexit, companies should too. Brexit continues to raise many legal questions and uncertainties, not the least for the protection of personal data which flows between the UK and the rest of Europe. Will organisations in the UK still have to comply with the General Data Protection Regulation (GDPR)? Can they still transfer personal data to the EU? Will they need to appoint a representative in the EU? And what will happen with the one-stop-shop? On the basis of eight frequently asked questions, we provide an overview of issues to consider and steps to take to start preparing now in order to be ready for Brexit. Please find enclosed our memorandum on the topic.

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