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May 10, 2019
Bilateral Trade

The growing economies are the best markets for the industries in the country and as their goods will transport

The United Kingdom is more concerned with the plan to leave a single European market than any other thing. The country’s position as the hub of international trade is not going to change much and the growing international trade has made the cargo companies operating in the country busier than ever.

With infrastructure development and new industry setups in Pakistan has enhanced the volume of cargo to Pakistan from UK. The growing economies are the best markets for the industries in the country and as their goods will transport to the countries in South Asia and elsewhere, more business for the freight forwarders is definite.

The companies doing business in Britain are well equipped with technology and have the capacity to cater to the growing needs of a relatively smaller market. The incentive to the businessmen and traders has been offered by the authorities so that they may take advantage of the opportunities present there before the other industrial giants.

Container Shipping

Container Shipping

A good number of companies of UK origin are present in Pakistan and it is encouraging for the new companies to start their venture in this gateway to central Asia.

Cargo companies are on their toes

Uncertainty of agreement between the EU and United Kingdom has not affected the air cargo sector much though it seems on hold still the operations have been carried out rather smoothly. The deadline has now been set till the end of October this year to reach an agreement on leaving the European Union.

The worst possible scenario of no deal Brexit has been avoided but the question still haunts whether it will be possible to get a deal approved from the parliament which is also acceptable to the union of the single market.

Provisional arrangements in case of no deal

The provisional temporary arrangement has been designed in case of no deal to continue the movement of cargo and passenger between the UK and EU. This arrangement will have some restrictions on the movement but not very strict to create any big hindrance for the cargo companies.

In this way, there is no immediate issue to put the cargo operations on halt between Britain and the rest of Europe even after the given deadline.

Movement of endangered species

The UK being conscious and well aware of the transportation of endangered species through cargo has arranged special training for the freight forwarders in this regard. Role of customs agent is also important in this connection and if Brexit takes place both freight forwarders and customs agent become involved in regimes which they presently are not.

brexit

brexit

Convention on International Trade in Endangered Species will more effectively be observed when departments work together. The authorities are keen to be ready for all possible situations and offer guidance to the people who are or will get involved in processes related to the movement of endangered species.

Apart from catering the growing international trade UK freight companies also want to act responsibly on the specific trade. It is not all about earning money but saving nature and protecting creatures that need to be saved.

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