Guidelines to making your racing and breeding business Brexit-ready
Brexit could have serious consequences for the Irish racing and breeding industry, a situation that would be compounded in a ‘No Deal’ scenario – that is, should no form of association or treaty be agreed between the EU and the UK.
The UK left the EU at 11pm on Friday, January 31. A transition period has begun, during which the UK's relationship with the EU will remain the same while trade talks are finalised before December 31, 2020.
*What happens in 2020 - key dates in the months ahead*
February 25 - EU & UK expected to approve their respective negotiating positions.
March - Talks on future relationship (including Free Trade Agreement) set to begin.
June - The EU and the UK are due to hold a summit to take stock of progress
June 30 - Last date the parties can, under the terms of the withdrawal agreement, seek an extension to the transition period – for up to one or two years.
November – A trade deal must be finalised by this date if it is to be ratified by the end of 2020.
December 31 - Target date for the EU to have adopted a data adequacy decision in respect of the UK and vice versa (according to the Political Declaration on future relations). Transition period ends if it is not extended. In these circumstances, either a new Free Trade Agreement will apply from this date or a 'No Deal' Brexit could apply.
This section of our website provides information dealing
with a 'No Deal' Brexit to those stakeholders engaged in racing, breeding or
selling horses in the UK, our biggest export market.
To read DAFM's no deal advisory for the movement of animals, click here
Brexit preparedness checklist for businesses moving animals, click here