Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU issues Brexit ‘no-deal’ checklist for European businesses

    EU issues Brexit ‘no-deal’ checklist for European businesses

    npsBy nps6 September 2019Updated:25 June 2024 No Comments2 Mins Read
    — Filed under: Brexit Britain EU News Headline1
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU issues Brexit 'no-deal' checklist for European businesses

    Barnier – Juncker-Photo EC

    (BRUSSELS) – With 8 weeks to go until the possible withdrawal of the United Kingdom from the EU on 31 October, the Commission reiterated Wednesday its call for EU27 businesses to prepare for a ‘no-deal’ scenario.

    In light of the continued uncertainty in the UK regarding the ratification of the Withdrawal Agreement – which was agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal’ scenario on 1 November 2019, remains a possible, although undesirable, outcome.

    The Commission said today that it is in this spirit that it has published a detailed checklist to help those businesses that trade with the UK to make final preparations. In order to minimise disruption to trade, all parties involved in supply chains with the UK – regardless of where they are based – should be aware of their responsibilities and the necessary formalities in cross-border trade. This, it adds, builds on previous Communications and 100 stakeholder notices, which cover a broad range of sectors.

    In addition to this, the Commission is proposing to the European Parliament and the Council to make “targeted technical adjustments” to the duration of the EU’s ‘no-deal’ contingency measures in the area of transport. The Commission has also proposed to mirror, for the year 2020, the existing 2019 contingency arrangements for the fisheries sector and for the UK’s potential participation in the EU budget for 2020. These measures are necessary given the decision to extend the Article 50 period to 31 October 2019.

    Finally, the Commission has proposed that the European Solidarity Fund and the European Globalisation Adjustment Fund are available to support businesses, workers and Member States most affected by a ‘no-deal’ scenario. These proposals need to be agreed by the European Parliament and the Council.

    The Commission stresses that it is the responsibility of all stakeholders to prepare for all scenarios. Given that a ‘no-deal’ scenario remains a possible outcome, the EU executive “strongly encourages” all stakeholders to use the extra time provided by the extension of the Article 50 period to ensure that they have taken all necessary measures to prepare for the UK’s withdrawal from the EU.

    Brexit Timeline

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Wine bottles - Photo by CHUTTERSNAP on Unsplash

    EU agrees framework for stronger, more future-proof European wine sector

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 8-13 December 2025

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    X - Photo by Alexander Shatov on Unsplash

    EU fines Musk’s X EUR 120m for ‘deceptive’ blue tick

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Pound shows modest recovery but remains under pressure against Euro – Euro currency news daily

    Eurosif Logo

    Operations & Project Manager, European Sustainable Investment Forum, Eurosif

    LATEST EU NEWS
    Wine bottles - Photo by CHUTTERSNAP on Unsplash

    EU agrees framework for stronger, more future-proof European wine sector

    7 December 2025
    X - Photo by Alexander Shatov on Unsplash

    EU fines Musk’s X EUR 120m for ‘deceptive’ blue tick

    5 December 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Pound shows modest recovery but remains under pressure against Euro – Euro currency news daily

    5 December 2025
    Roxana Mînzatu - Photo © European Union 2025

    Brussels moves to improve quality of jobs in the EU

    4 December 2025
    Geothermal energy plant - Image by WikiImages from Pixabay

    EU earmarks EUR 5.2 bn emissions trading revenues for clean transition technologies

    4 December 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?