Market Information

The UK election 2019 - Update

The UK general election on December 12, 2019 gave a clear result in favor of the Torries. As a result, it can now be assumed that the UK will leave the European Union on January 31, 2020 on the basis of the withdrawal agreement that was negotiated on October 17, 2019.

This withdrawal agreement includes a transition period until December 31, 2020. During this period, a comprehensive trade agreement between the UK and the European Union is to be agreed. Until the expiry of this period, no material effects of the withdrawal are to be felt. Thus, according to the current status, only marginal restrictions regarding deliveries to and from the UK can be expected during the transition period.

In case of any questions, please contact your contact person of DACHSER.

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