Prepare to trade on WTO terms says Government website

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A government website aimed at businesses trading with Ireland from the first of January 2021 says the “EU and UK will trade on WTO terms”.

The government guidance was updated on the Gov.uk website last night (30 November 2020) and says:

“Guidance for UK businesses on rules for trading in services with Ireland from 1 January 2021.

“What UK businesses and professionals need to know

“From 1 January 2021, UK businesses will need to comply with both UK and Irish rules.

“Cross-border trade

“The EU and UK will trade on WTO terms from 1 January 2021. The default position in this case is that UK service providers will be required to comply with GATS rules on services provision.”

Click here to read the full wording on the government website.

However, Michael Gove, Chancellor of the Duchy of Lancaster, the cabinet minister who oversees the Brexit talks for the UK, said earlier a deal was close but that to get it over the line the EU would have to live up to its responsibilities.

Asked if a “no deal” scenario was closer than anyone would admit, he told ITV: “It’s certainly the case that there is a chance that we may not get a negotiated outcome.”

“That’s why it’s important business prepares for all eventualities, but I very much want a deal and I believe that we can secure one,” Gove said.

The government’s Gov.uk website have been approached for comment.

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