In December 2017, the European Union warned UK companies operating in the maritime, aviation and road transport sectors of the consequences of a possible ‘no-deal’ scenario in the negotiations for Brexit, highlighting the regulatory problems that may arise if the UK leaves the EU without reaching an agreement. In his latest article for Intelligent Transport, Richard Thomas explains what these implications might be.
Read his full article below.
One of the key issues to bear in mind regarding any debate about the EU, UK and Brexit is that the EU is, at its heart, a rules-based entity. All member states sign up to these rules (such as the ones surrounding the single market and the customs union) and agree that these rules will be policed by the CJEU (the Court of Justice of the European Union). When Theresa May triggered Article 50 in March 2017, she served the EU with two years’ notice that the UK would leave the EU. This means that, legally, the UK will be a ‘Third Country’ from 29 March 2019, resulting in significant legal implications for all businesses currently operating in the UK.