EU and the UK started negotiations this week to sign a trade agreement.
The European Steel Association (Eurofer) called on both parties to reach a trade agreement to provide a mutually beneficial, frictionless and fair platform for suppliers and downstream consumers in the steel industry. The agreement was extremely important for the steel industry on both sides, and the association expected that the EU and the UK would reach an agreement on a solution that would ensure continued logistics operations between the two parties.
With the consent of the UK and the EU, the transition period could be extended, but an agreement must be reached by July 1st. Even if the two parties could not reach an agreement, the transition period would end at the latest on December 31st.
The European Steel Association (Eurofer) called on both parties to reach a trade agreement to provide a mutually beneficial, frictionless and fair platform for suppliers and downstream consumers in the steel industry. The agreement was extremely important for the steel industry on both sides, and the association expected that the EU and the UK would reach an agreement on a solution that would ensure continued logistics operations between the two parties.
With the consent of the UK and the EU, the transition period could be extended, but an agreement must be reached by July 1st. Even if the two parties could not reach an agreement, the transition period would end at the latest on December 31st.
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