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The UK’s post-Brexit import controls are finally being implemented from January 31, 2024. But while their introduction will level the playing field for EU exporters who had enjoyed a relatively frictionless process until now, the additional cost and regulatory burden will test the preparedness of the whole supply chain.
The UK’s post-Brexit import controls are finally being implemented from January 31, 2024. But while their introduction will level the playing field for EU exporters who had enjoyed a relatively frictionless process until now, the additional cost and regulatory burden will test the preparedness of the whole supply chain.
The Union said EU Member States will grant authorisation, upon request, to the affected traders to gradually connect to ICS2 within a time-limited deployment
The EU said in a statement that the new initiative aligns with its Import Control System 2 and would launch on June 3, 2024.
The European Union (EU) is transitioning to a paperless customs process, implementing the second phase of its Import Control System (ICS) from June 3, 2024. This move is significant for Indian exporting firms, as the EU constitutes about 17% of India's total merchandise exports.