Trading beyond Brexit
Last updated 29th January 2020
At midnight on 31st January 2020 Britain will leave the European Union. The UK will then enter a transition period ending on 31st December 2020. During the transition period there will be no change to the way the UK trades with the EU. During the transition period the UK will seek to negotiate an agreement with the EU on the future trading relationship. We wanted to take a moment to let you know about the preparations we are making at XP Distribution to ensure that you receive an uninterrupted service, no matter what the final outcome of trade negotiations.
XP Distribution is in the fortunate position to have an existing warehouse facility in Karlsruhe, Germany, therefore we already have significant stock on hand at Karlsruhe and are already despatching the majority of orders for our EU customers from Germany. In the event of a difficult outcome regarding cross-border trade between the UK and the EU, we would be able to continue to supply you from Karlsruhe under your existing terms and continue to invoice you as normal. This means that you would not suffer any customs delays and no extra tariffs will be applied to your goods.
We hope this can give you every confidence that XP Distribution are in a strong position to maintain business as usual throughout this period of uncertainty. If you have any further concerns, please feel free to contact our Financial Controller, James Meredith directly: