The UK is leaving the EU, but not Europe. The British Chamber of Commerce will continue to stand by you to help you grow your business!
The United Kingdom will leave the European Union on 31 January 2020 enabling the UK to form partnerships with old allies and new friends around the world. As part of the Withdrawal Agreement, the UK and the EU have agreed a transition period in order to provide continuity and certainty to businesses.The transition period will apply until the end of December 2020. It is important to note, that during this time EU law will generally continue to apply in the UK as it does now.
This means that UK businesses continue to access EU markets as they do now, and the same for EU businesses in the UK. This means that trade will continue smoothly. To help you during the transition period, check the latest information on what this means for businesses at www.gov.uk/transition.
There are strong social and economic bonds between the UK and the Czech Republic.
- Total trade in goods and services between the UK and Czechia stands at £10.0bn for 2019, an increase of 2.7% or £266m from the previous year;
- Of all UK exports to Czechia in 2019, £2.2bn (70.3%) were goods and £947m (29.7%) were services;
- Of all UK imports from Czechia over the same period, £6.0bn (87.3%) were goods and £867m (12.7%) were services.
Therefore, it is imperative that we continue to build and grow together after the UK has left the EU.
If you require any further information, please contact: