The Impact of Brexit on UK Importation of Perishable Goods

Running Head: THE BREXIT IMPACT ON IMPORTATION OF PERISHABLE GOODS 0
Abstract
Paper presents the impact of Brexit on UK importation of perishable goods from the EU.
The potential evaluation of profit and loss from an increase in non-tariff barriers following the
UK's exit from the EU. The evidence of heterogeneity in the exposure across goods with fresh
goods, beverages, and raw materials being most exposed. The significant differences in the
degree of exposure among goods like raw materials, fresh goods are particularly exposed to
delays. It is important to note that the issue of import substitution is important that is beyond the
scope of this paper. The exit of the UK from the EU profound implications across a range of
sectors. This change involves the introduction of a trade regime that redefined that relationship
of trade with the UK and the EU. The environment of perishable goods in the UK given high
dependency to the meets the needs. This paper covers the detailed literature view on the Brexit
impact on UK importation of perishable goods from the EU.

THE BREXIT IMPACT ON IMPORTATION OF PERISHABLE GOODS 1
Table of Contents.
Abstract............................................................................................................................................0
Introduction....................................................................................................................................3
Structure.........................................................................................................................................4
Overview of Brexit.....................................................................................................................4
Perishable Goods.......................................................................................................................4
Perishable goods market in the UK and the connection with the EU...................................5
Brexit Scenario...........................................................................................................................5
Political implications.................................................................................................................5
Free trade routes......................................................................................................................5
New taxation rules...................................................................................................................5
International business of the UK..............................................................................................6
Impact on business.....................................................................................................................6
The business of the UK with the perishable goods of the EU.....................................................6
The negative impact of Brexit (Economic Impact).................................................................6
Positive Impact of Brexit...........................................................................................................7
Legal implication.......................................................................................................................7
The pros and cons of Brexit......................................................................................................7
A fee of membership...............................................................................................................7

THE BREXIT IMPACT ON IMPORTATION OF PERISHABLE GOODS 2
Single market...........................................................................................................................7
Perishable goods prices and availability after Brexit......................................................................7
Meaning of tariff for the availability and price of food...................................................................8
Unilateral tariffs removal.............................................................................................................9
Existing agreements of trade with non-EU nations.....................................................................9
Increasing self-sufficiency.............................................................................................................11
Opportunities to improve production.........................................................................................11
Steps of perishable goods industries..............................................................................................12
Conclusion.....................................................................................................................................13
References......................................................................................................................................15

THE BREXIT IMPACT ON IMPORTATION OF PERISHABLE GOODS 3
Introduction
Research has been conducted on the impact of Brexit on many aspect of economic in the
UK. Its impact on perishable goods market is under-researched. However, this research will
focus on the impact of Brexit on UK importation of perishable goods from the EU. Grattan &
Waddle, (2017) argued that Brexit would harm foreign investment and production from EU,
however, he fails to critically evaluate the different dimensions of the impact and only
considered the negative impact. UK reserved space from the authority of the EU by conveying
importing of perishable goods from particular of the procedures containing border-free Schengen
policies, and the common euro currency. By retrieving general sovereignty UK capable to
accomplish migration, allowed from onerous rules, and flash more progression at a dynamic
level (Bold, 2017).
A mixture of the words "Britain" and "exit," Brexit is shorthand for Britain has split from
the European Union, with the change of relations to bloc on security, trade, and migration.
Britain debated the pros and cons of association in a community of European countries from the
instant the plan was broached. A vote on association was then called the European Economic
Community in 1975, less than three years afterward it joined when 67 percent of supporters
reinforced remaining in the bloc (David, 2017).
Majority of the people of British voted in favor so-called ‘Brexit'. There are many stories
and negative effects published by the newspapers of the Brexit on investments and trade. Many
organizations warned to move their actions from Britain to the region if the Brexit becomes
actual (Kierzenkowski, 2016). These are the sign of the facts that exit of Britain as the EU single
marketplace will have a possibly big adverse financial effect on Britain. The individuals and
firms prepared for the Brexit. These set a limit by generating article 50 of the Treaty of Lisbon
(McGrattan & Waddle, 2017).
Many industries have initiated job cuts, store closing, and replaced management in the
chain of express with lower-paid "shift leaders". Many organizations bear the load of increased
expenditures. Supermarkets in the UK does the stockpiling as suffered from a food crisis or food
choice. The detailed discussion of Brexit on the importation of perishable goods has been
covered under the following discussion.