Brexit leaves some meat shipments rotting at European border
London
SCOTTISH fishermen have suffered lengthy delays in shipping cargoes to Europe in the aftermath of Brexit. Now, British meat is facing crippling hold-ups from extra red tape at the border.
The UK's departure from the European Union at the end of last year has ushered in new restrictions, with customs checks and health certificates now required for meat exports.
That's left some consignments languishing in queues, with a member of the British Meat Processors Association recently reporting that one cargo was about to be returned after waiting five days for clearance into Ireland, the group said on Monday in a statement.
"Every hour a lorry load of meat is delayed increases the chance of that order either being reduced in price, cancelled and returned or, in the most severe cases, thrown away and ending up in landfill," the association said.
"The new post-Brexit customs system for meat products is convoluted, archaic and badly implemented."
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
Most shippers curbed EU trade to about a fifth of normal at the start of January to test the new system, but are likely to face added border chaos as they ramp up volumes alongside other industries. Some EU customers are already signalling that they'll switch from British meat to products from Spain or Ireland, said Nick Allen, the association's chief.
About 60 per cent of British food, feed and drink exports headed to the EU last year, according to the Agriculture & Horticulture Development Board. Costs for livestock trade could rise by 5 per cent to 8 per cent, even with the free-trade deal, due to the friction caused from paperwork, labelling and physical checks. BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Possible class action lawsuit against Cordlife by customers could take at least 2 years
Chinese tariffs could leave cognac makers with too much brandy
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share