BREXIT TO SPELL COSTS AND DELAY FOR CAN MANUFACTURERS, SAY EXPERTS
February 1st, 2021
THE UNITED Kingdom’s definitive exit from the European Union (EU) on December 31, 2020, after an 11-month transition period, will severely disrupt the UK and European can manufacturing industry, experts have told CanTech International. That said, industry figures acknowledge however that, by avoiding blanket tariffs and a ‘no-deal’ Brexit, the UK/EU Trade & Cooperation Agreement (TCA) (1) signed on Christmas Eve did head off economic disaster.
The UK TCA allows for quota and duty-free trades in food and drink, including in cans, between the EU and ...
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