As of 1 January 2021, the United Kingdom has lost all its rights and obligations as an EU Member State during the transitional period under the Exit Agreement.
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What are the emerging threats and opportunities of Britain s
post-Brexit relationship with the EU? And, what does the UK s
departure from the European Union mean for you and your
business?
Partner and Head of EU, Trade and Competition, Bernardine
Adkins, joins the King s Business Club, to discuss the
implications of Brexit on UK and EU relations. And, with a distinct
focus on the international trade, economic, and financial impacts,
shares her views on the positive and negative market impacts for
British companies operating out of the
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This regular alert covers key regulatory EU developments related
to the COVID-19 situation. It does not purport to provide an
exhaustive overview of developments and contains no analysis or
opinion.
COMPETITION
& STATE AID
Competition
EU approves new and amended Member State
measures to support the economy (see here and here)
Since the onset of the coronavirus outbreak, the European
Commission has adopted a significant number of State aid measures
under Article 107(2)b, Article 107(3)b and under the Temporary
Framework.
The most recent measures adopted to support the economy and
Impact of Covid:
Given the contagious nature of the Covid-19 and the social
distancing norms being followed as a preventive measure, various
manual processes with relation to a BL such as surrender of
original the BL at the shipping line s office, collection of
paper invoice, payment by cash/cheque/other tangible source of
payment to the shipping line, etc. cannot be complied with by a
customer.
More so, the national lockdown and social distancing has become
a grave impediment as the service providers such as courier
agencies are unable to deliver and dispatch the hard copy
of the BL. This has directly impacted the release of import