Summary
The duty free access enjoyed for exports to and imports from the UK under the various EPAs will lapse once the UK leaves the EU. The countries most dependent on the UK market it is vital current market access arrangements are not disrupted. More generally sectors dominated by smallholder producers exporting undifferentiated bulk commodities on the basis of traditional high levels of tariff preferences are likely to be most severely affected by a loss of preferential access to the UK market. Initiatives are urgently needed to ensure a continuation of current preferential access to the UK market. Longer term issues of preference erosion on the UK market will also need to be addressed. Read more “What BREXIT Means for the UK-ACP Trading Relationship?”