Businesses trading with the United States will be able to continue to trade smoothly following EU exit, after the UK and US governments agreed a deal to continue Customs cooperation.
The bilateral Customs Assistance Agreement was signed by the Financial Secretary to the Treasury Jesse Norman and US Ambassador Robert Wood Johnson today at a signing ceremony at the US embassy in London.
The agreement will allow customs authorities to continue to cooperate, including sharing data, to tackle customs fraud, maintaining the current strong relationship between US and UK Customs authorities.
Financial Secretary to the Treasury Jesse Norman said:
US Ambassador Robert Wood Johnson said:
It will also provide the legal basis for the Authorised Economic Operator Mutual Recognition Arrangement, which will ensure that people and businesses will continue to benefit at their respective borders.
The Authorised Economic Operator scheme is an internationally recognised quality mark allowing a business customs benefits at the border, in recognition that its role in the international supply chain is secure and that it meets international standards on customs control procedures.
US Ambassador Robert Wood Johnson tweeted a photo of the pair signing the deal. He captioned it: “Another US-UK post-Brexit deal is done!”