In last week’s Cabinet Office meeting with the Paymaster-General Michael Ellis on consumer goods for UK-EU trade, The Chamber raised issues including: • the situation from 1 January 2022 when easements on proof of origin certification expire; • cross-border VAT, and • the future of CE marked goods, parts and components in the GB market. The latest version of the Border Operating Model (with details on inbound GB controls) is due for release in a fortnight. Mr Ellis has asked business to send case studies of the current situation they face on EU trade The UK and US have resolved their differences on digital services taxes (DSTs) in an agreement also involving Italy, Spain, France and Austria. This means that the risk of tariffs, of up to 25%, being applied to UK goods exported to the US has been lifted for at least two years, while more progress is made implementing a global deal on DSTs. See our response on this issue which we raised with the Department for International Trade (DIT). G7 Trade Ministers adopted principles on digital trade at their meeting late last week. The proposals on data flows are business- and trade-friendly, but Ministers committed to accelerate the progress towards digitalisation of trade documentation Further progress is being made on implementing the deal on domestic regulation in trade in services by more than 60 countries at the World Trade Organisation (WTO) ahead of the Ministerial Conference at the end of November. States have begun to make the changes to their services schedules in Geneva, giving effect to the deal which cuts red tape on services exports
