Japanese companies in the UK who have moved their product distribution hub to the EU in anticipation of what is now happening. One in a long thread, just to make a point that *some* companies have been preparing for worst case Brexit for years 1/13
More from Brexit
A not-so-little thread on how post-Brexit work permit regulations will apply in Scottish football and why it’s, broadly, not a good thing...
1) Work permit calculations are based on the points formula from this site - https://t.co/sjqx8Df7Zg
As things stand, while this article deals with England, the system applies to Scotland also.
The goal is 15 points and the article shows various ways to get there. Essentially, play regularly internationally or in a top 5 league and you’re in. But read the article because it’s a bit trickier than that.
2) There are elements of this I’d dispute. For example, here’s the banding of leagues and, lower down, it’s an absolute mess - Denmark (ranked 14 in coefficient table) and Serbia (16) banded lower than Croatia (20), Greece (18) and Czechs (19)? It’s wholly random.
I get the point that leagues should be banded, but there doesn’t seem to have been loads of sense applied to how these things are actually banded, rather they’ve just shoved a bunch of leagues together and hoped for the best.
1) Work permit calculations are based on the points formula from this site - https://t.co/sjqx8Df7Zg
As things stand, while this article deals with England, the system applies to Scotland also.
The goal is 15 points and the article shows various ways to get there. Essentially, play regularly internationally or in a top 5 league and you’re in. But read the article because it’s a bit trickier than that.
2) There are elements of this I’d dispute. For example, here’s the banding of leagues and, lower down, it’s an absolute mess - Denmark (ranked 14 in coefficient table) and Serbia (16) banded lower than Croatia (20), Greece (18) and Czechs (19)? It’s wholly random.
I get the point that leagues should be banded, but there doesn’t seem to have been loads of sense applied to how these things are actually banded, rather they’ve just shoved a bunch of leagues together and hoped for the best.
Been waiting for 👇 🚨
Important story on what a “tariff-free” deal means in practice and why it’s not enough for two economies as closely integrated.
Tariffs are removed on goods that meet rules of origin. This is a complex and nuanced area of customs.
/1
Important to remember that trade deals (FTAs) weren't designed with such a high degree of economic integration in mind.
So some of the standard RoO provisions will seem incredibly restrictive under the UK-EU deal.
/2
Minimal operations or insufficient processing is a standard part of an FTA. Most, if not all FTAs, include a provision on minimal processing – processing not considered sufficient to confer originating status even if rules of origin have been met.
/3
It is standard procedure not to apply cumulation when goods have only been subject to minimal processing.
To be able to cumulate origin and consider the final product of UK origin, the processing carried out in the UK needs to exceed minimal operations.
/4
The level of integration between the UK and the EU means that this will have significant consequences for a number of industries.
For example, in supply chains where goods are brought into the UK from the EU and reassembled, sorted or repackaged and re-exported to ROI.
/5
Important story on what a “tariff-free” deal means in practice and why it’s not enough for two economies as closely integrated.
Tariffs are removed on goods that meet rules of origin. This is a complex and nuanced area of customs.
/1
\U0001f6a8\U0001f6a8\U0001f6a8\U0001f1ea\U0001f1fa\U0001f1ec\U0001f1e7\U0001f69b\U0001f692\U0001f1ea\U0001f1fa\U0001f1ec\U0001f1e7\U0001f6a8\U0001f6a8\U0001f6a8 serious #brexit story alert - companies now starting to see penny drop on what rules of origin does to supply chains (food for example) but Brussels seems deaf to both EU & U.K. pleading. A bellwether? \U0001f62c Stay with me. 1/
— Peter Foster (@pmdfoster) January 6, 2021
https://t.co/HoDSDxhKaL
Important to remember that trade deals (FTAs) weren't designed with such a high degree of economic integration in mind.
So some of the standard RoO provisions will seem incredibly restrictive under the UK-EU deal.
/2
Minimal operations or insufficient processing is a standard part of an FTA. Most, if not all FTAs, include a provision on minimal processing – processing not considered sufficient to confer originating status even if rules of origin have been met.
/3
It is standard procedure not to apply cumulation when goods have only been subject to minimal processing.
To be able to cumulate origin and consider the final product of UK origin, the processing carried out in the UK needs to exceed minimal operations.
/4
The level of integration between the UK and the EU means that this will have significant consequences for a number of industries.
For example, in supply chains where goods are brought into the UK from the EU and reassembled, sorted or repackaged and re-exported to ROI.
/5
