UK Engaging Crown Dependencies On Post-Brexit Trade
by Jason Gorringe, Lowtax.net, London
17 August, 2017
The UK Government has reiterated its commitment to engaging with the Crown Dependencies – Jersey, Guernsey, and the Isle of Man – on future trade policy, as the UK negotiates its way out of the European Union.
The Crown Dependencies are currently within the EU customs area, alongside the UK, as a result of Protocol 3 to the UK's Act of Accession to the EU. This means goods can move freely between the EU and Crown Dependencies. When the UK leaves the EU and the EU customs area, Protocol 3 will cease and therefore the Crown Dependencies' relationship with the EU customs area will be severed.
Jersey, Guernsey, and the Isle of Man have been working closely with the UK to examine proposals on future customs arrangements, the Guernsey Government said. These have now been published by the UK in a discussion document. The UK Government says it will continue to discuss the proposals with the islands to ensure any arrangements put in place respect their interests.
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