In a statement released today, EU said it completes the preparations for no-deal Brexit on April 12. It also noted that it is “increasingly likely” that UK will leave EU without a deal. EU also urged all EU citizens and businesses to continue informing themselves about the consequences of a possible “no-deal” scenario and to complete their no-deal preparedness.
EU’s no-deal contingency measures cover PEACE programme, EU budget, fishing rights and compensation, financial services, air connectivity and safety, road connectivity, rail connectivity, ship inspects, re-alignment of the North Sea – Mediterranean core network corridor, climate policy, Erasmus+ programme, social security entitlements and Visa reciprocity.
EU explained again that in a no-deal scenario, UK will “become a third country” without any transitionary arrangements. And this week “cause significant disruption for citizens and businesses”. In such case, relations between UK and EU will be government by general international public law, including rules of the World Trade Organization. Tariffs will immediately apply at the borders. And these controls could sauce significant delays at the border.
