The Customs Tariff (Preferential Trade Arrangements and Tariff Quotas) (EU Exit) (Amendment No 2) Regulations, SI 2021/527, give effect to preferential import duty arrangements resulting from various free trade agreements entered into between the UK and other countries.
The principal changes are to update existing UK customs legislation to reflect the recent free trade agreement between the UK and Serbia, and to ensure continued quota-free access for Cameroon following a timing difference in the legislative provisions that otherwise would have applied.
The regulations come into force generally on 20 May 2021, although the provisions for continuity of arrangements with Cameroon come into force on 30 April 2021.
The Customs Tariff (Preferential Trade Arrangements and Tariff Quotas) (EU Exit) (Amendment No 2) Regulations, SI 2021/527, give effect to preferential import duty arrangements resulting from various free trade agreements entered into between the UK and other countries.
The principal changes are to update existing UK customs legislation to reflect the recent free trade agreement between the UK and Serbia, and to ensure continued quota-free access for Cameroon following a timing difference in the legislative provisions that otherwise would have applied.
The regulations come into force generally on 20 May 2021, although the provisions for continuity of arrangements with Cameroon come into force on 30 April 2021.