Preparing your

business for Brexit

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

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

?

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

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.

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

Immediate impact of a no-deal on the

trade journey

7

Introduction of tariffs

Delays at border

Additional customs

procedures and declarations

Regulatory changes

Beyond this…how might a no-deal

impact on your business?

CitizensPackaging

and

Labelling

Terms of

trade

INCOTERMS

Intellectual

Property

TalentDataContractsCurrency

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

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

Where can you find further information?

brexit@nzte.govt.nz

11

12

02

Ministry of Foreign Affairs and Trade

Anna Cameron (Lead Advisor – Europe Division)

and Michelle Slade (Principal Advisor – Trade and

Economic Group)

Anna CameronLead Advisor

Europe Division

Brexit Update

Brexit Trade Issues Update

16

New Zealand Customs

Brett Collett (Acting Manager)03

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

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

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

20

Ministry for Primary Industries

Rochelle Ferguson (Specialist Advisor)

and Zoe Tame (Policy Analyst)

04

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

Regulatory Continuity• Replication of Veterinary Agreement

• Health certificates and establishment listings

• Recognition of existing arrangements:• Organics

• Fisheries certification

▪ 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

UK Engagement• London/Brussels MPI representation –

• Advocacy

• Engagement/relationship building

• Seeking certainty around requirements

• UK Trade Dialogue

• SCIP Programme