preparing your business for brexit · preparing for brexit seminar presentation - feb 2019 | nzte...
TRANSCRIPT
![Page 1: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/1.jpg)
Preparing your
business for Brexit
![Page 2: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/2.jpg)
Schedule
2
01
02
03
04
05
NZTE - 30 minutesNick Swallow (Trade Commissioner to United Kingdom and Ireland)
Ministry of Foreign Affairs and Trade – 5 minutesAnna Cameron (Lead Advisor – Europe Division) and Michelle Slade (Principal
Advisor - Trade and Economic Group)
New Zealand Customs – 5 minutesBrett Collett (Acting Manager)
Ministry for Primary Industries – 5 minutesRochelle Ferguson (Specialist Advisor) and Zoe Tame (Policy Analyst)
Q&A time – 15 minutes
06Networking and Refreshments – 30 minutes
![Page 3: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/3.jpg)
Brexit: Where we are now?Almost three years since the referendum, what’s happened?
3
29 March 2017 14 November 2018
Negotiations
15 January 201929 March 2019
Negotiations + 2nd vote
?
![Page 4: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/4.jpg)
Where to next?
Second
Referendum
Extending Article
50
Revoke Article 50 General Election
Agree Withdrawal
Deal
Transition Period
until Dec 2020
Comprehensive
FTA
UK-EU
No-deal
![Page 5: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/5.jpg)
However…. if nothing is agreed
the default is a no-deal on 29 March
• The UK leaves the Customs Union and
Single Market on 29 March 2019 as a ‘third
country’
• There is no transition period
• UK moves to trading under WTO rules
• No change to EU – NZ tariffs
We are at a political deadlock. With less than 45 days until
the UK leaves the EU, the likelihood of a no-deal outcome is
increasing.
![Page 6: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/6.jpg)
No-deal
6
The Government has
“recommended that
businesses now ensure
that they are prepared
and enact their own no-
deal plans.”
Philip Hammond,
Chancellor of the Exchequer
![Page 7: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/7.jpg)
Immediate impact of a no-deal on the
trade journey
7
Introduction of tariffs
Delays at border
Additional customs
procedures and declarations
Regulatory changes
![Page 8: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/8.jpg)
Beyond this…how might a no-deal
impact on your business?
CitizensPackaging
and
Labelling
Terms of
trade
INCOTERMS
Intellectual
Property
TalentDataContractsCurrency
![Page 9: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/9.jpg)
NZ-UK Trade Continuity in a no-dealSigned on 21 January
Mutual Recognition Agreement
Will continue to allow products (including veterinary
medicine) to be tested, inspected and certified in NZ
before being exported to the UK, and vice versa and
covers:
• manufacturing practices for medicinal products
• medical devices
• telecommunications terminal equipment
• low voltage equipment
• electromagnetic compatibility
• machinery, and
• pressure equipment
The Vet Agreement
facilitates trade in animal related products (including meat and dairy)
including through the recognition of equivalence in our respective
regulatory approaches
![Page 10: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/10.jpg)
What can you do to prepare?
10
Review your operations
Talk to your partners
Consider your people
Review your contracts
Packaging and Labelling
Consider regulations
![Page 12: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/12.jpg)
12
02
Ministry of Foreign Affairs and Trade
Anna Cameron (Lead Advisor – Europe Division)
and Michelle Slade (Principal Advisor – Trade and
Economic Group)
![Page 13: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/13.jpg)
Anna CameronLead Advisor
Europe Division
![Page 14: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/14.jpg)
Brexit Update
![Page 15: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/15.jpg)
Brexit Trade Issues Update
![Page 16: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/16.jpg)
16
New Zealand Customs
Brett Collett (Acting Manager)03
![Page 17: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/17.jpg)
Customs’ preparations for a no-deal Brexit
17
To Date Future
• established a specialist Customs Counsellor role at the High Commission in London
• worked with HM Revenue & Customs and UK Border Force to ensure systems, processes and arrangements are in place to limit disruption as much as possible to NZ exporters
• published Brexit information on www.customs.govt.nz/brexitand social media activity
• assessed the benefits of negotiating a customs agreement with the UK
• prepared frequently asked questions for use by exporters –available on website
• worked with NZTE, MPI and MFAT so there is a coordinated approach to communicating to/engaging with NZ exporters and industry associations
• worked with European Commission and EU countries re what they are doing to prepare for Brexit
• working with HMRC and UKBF, and European Commission and EU countries, to better understand their requirements (especially no-deal contingency planning)
• update website content and use digital channels as required
• commence exporter engagement –exporters and industry representatives
• work with HMRC on progressing a customs agreement
• open the 0800 number and email address for exporter’s Brexit enquiries
![Page 18: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/18.jpg)
Key points for NZ trade to UK and EU
18
• The UK and EU border agencies are preparing for no deal
• No major changes to Customs documents
• Importers have options to reduce congestion – eg duty deferral
• Low risk will still be low risk – UK focused on security, congestion and revenue risk
• Transit and trans-shipment arrangements are being worked through
• Impact may differ for sea container, cross channel roll on/roll off, air cargo
• Impact may differ by Port
• Customs working with agencies to get clarity
![Page 19: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/19.jpg)
What you can do to prepare
19
• Ensure you check the tariff rate for your goods into the UK and EUeg look at the UK tariff finder on their website
• Ensure you understand any documentation requirements for importing into the UK and EU – check with your customer and forwarder
• Check with your forwarder on shipping routes and understand any transit or transhipment requirements
• Check if your customer or forwarder is an Authorised Economic Operator (AEO) – EU trade in particular
• If there is a delay – get facts and be clear why
• Keep an eye on delays or impacts at particular ports
• Keep informed – NZ government agency websites
www.customs.govt.nz/brexit
![Page 20: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/20.jpg)
20
Ministry for Primary Industries
Rochelle Ferguson (Specialist Advisor)
and Zoe Tame (Policy Analyst)
04
![Page 21: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/21.jpg)
MPI Response
Organics Tariffq
uo
tas
Fish certification
Vet agreement
MPI Comns
International Directorate/Market Access: drawing on expertise from across the organisation. Working closely with MFAT/Customs/NZTE.
MPI Legal
WTO
UK trade dialogue
London
Gen
eva
BrusselsTechnical advisory group
ERASMarket Insights
Engagement with DEFRAStakeholderengagement
UK SPS requirements
![Page 22: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/22.jpg)
Regulatory Continuity• Replication of Veterinary Agreement
• Health certificates and establishment listings
• Recognition of existing arrangements:• Organics
• Fisheries certification
![Page 23: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/23.jpg)
▪ Stakeholder engagement – Brexit Technical Advisory
Group with industry representatives from across the sector
▪ Export Regulatory Advice Service (ERAS)
▪ MPI Brexit webpage, LinkedIn, Facebook
Stakeholder Engagement
![Page 24: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/24.jpg)
UK Engagement• London/Brussels MPI representation –
• Advocacy
• Engagement/relationship building
• Seeking certainty around requirements
• UK Trade Dialogue
• SCIP Programme
![Page 25: Preparing your business for Brexit · Preparing for Brexit seminar presentation - Feb 2019 | NZTE Author: New Zealand Trade and Enterprise Created Date: 2/15/2019 4:51:00 PM](https://reader034.vdocuments.site/reader034/viewer/2022042303/5eceb2ad4a3e1a2630548a79/html5/thumbnails/25.jpg)