They plan to cancel licenses for the export of products to the EU

• Spending on licenses for export to the EU reached £65 million.
• The government plans to cancel licensing to reduce business costs.
• Labourists are eager to conclude a new agreement with the EU to lower trade barriers.

Companies in Great Britain spent £65 million last year on licenses for the export of food and agricultural products to the EU. These licenses, which range from £113 to £200 per license, have become burdensome for businesses, especially for smaller companies. Minister of the Cabinet of Ministers Nik Tamas-Simonds promised to cancel these expenses within the framework of a new agreement with the EU, which is to be concluded by 2027.

In his speech, which he presented in London, Tamas-Simonds also emphasized that the Labour Party's policy aims to reduce trade barriers. This includes reducing checks on meat, fish, fruits, and vegetables, as well as canceling the licensing system for exports. The Ministry of Agriculture reported that smaller companies face serious difficulties due to administrative burdens related to non-tariff barriers.

In response to criticism from the opposition, including Nigel Farage, who accuses the government of "betraying" Brexit, Tamas-Simonds noted that Farage's policy leads to increased bureaucracy and expenses for businesses. Labourists plan to establish a permanent agreement with the EU to reduce costs for supermarkets and consumers.

In April, a new agreement with the EU was announced, covering various areas, including fisheries and health protection. The government hopes to complete negotiations with the EU in the coming months to ensure stability in trade and the economy.

Tags: Europe/Politics/Economy