Munmun Singh

1. Why not research future global food demand trends and look at manufacturing in the UK the products that will be in high demand. Innovate with your products to that you can ask for premium prices/justify your increased costs.
2. Exchange rate may remain favorable to UK exporters
3. Take advantage of higher dependency on local production: look at having your manufacturing base in an EU country
4. Look at the domestic market for sales as it is likely that EU food products imports will also be reduced so more opportunity to sell to UK consumers.
5. The UK has a strong negotiating hand where the UK is a net exporter: for instance the UK supplies 80% of Ireland’s flour. Ireland will want to make sure they still have access to this and at the lowest cost possible. Some non-EU countries negotiated trade deals with the EU because they were interested in the UK market and they would not want this to disappear.

The management of all formalities required by the customs authorities. It is important for these formalities to run smoothly and trouble-free in order to prevent delays due to bureaucratic issues. These formalities are therefore usually entrusted to a customs agent who will carry them out on behalf of the freight owner.

A Customs protest can be filed electronically through ACE, but you must have a Protest filer account in ACE. Hard copies are also accepted at the Port of Entry and processed by the Centers of Excellence and Expertise. CBP will then enter the information into ACE.

Vessels used to transport chemical substances. They have several tank compartments enabling them to carry different kinds of substances. They are classified, according to the risk of the cargo they transport, into three categories referring to the way the vessel is built to guarantee safe transport.

EAR99 is a classification designation for an item that is subject to he EAR but not specifically described by an ECCN on the CCL. NL which stands for “No License Required,” is a shipment designatio NLR may be used for either EAR99 items or items on the CCL that not require a license for their destination, end use and end users. Note that while exports of an item classified as EAR99 generally do not require a license and may be shipped under the shipment des gnation NLR, if the item is destined to an embargoed country, an user of concern or in support of a prohibited end use, a license may be required.