Coatings World staff01.01.21
The British Coatings Federation welcomed the news of a Free Trade Agreement between the UK and EU.
Despite the lateness of the decision, an FTA will mean, among other things, that BCF members will be able to benefit from tariff-free trade with the EU in the future.
This at least will ensure the coatings and printing inks sectors across Europe will not now be hit by new tariff costs of an estimated £100 million.
However, while there is talk of a Chemicals Annex being included in the deal, it is not yet clear this will include the key data-sharing clauses the UK wanted. If this has not been agreed upon, the BCF hoped that data-sharing might still be able to be negotiated as an ‘add-on’ at some point in 2021.
Jan. 1, 2021, sees the introduction of the UK’s new independent chemicals regulations.
UK REACH is a direct copy of the original, EU REACH, a piece of legislation widely regard
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