We thought we'd post a quick note on how Brexit as it's something our customers in Europe often ask about.
On 29 January 2020, the European Parliament ratified the Brexit withdrawal agreement that had been agreed earlier in January by the UK Parliament.
The UK left the EU on 31 January 2020, and the transition period as stated in the Withdrawal Agreement begins.
The transition period will last until 31 December 2020, allowing the UK and the EU to negotiate a trade deal that would be applicable as of 1 January 2021.
During this period nothing changes for trade of goods and services between the UK and the EU. Goods can continue circulating freely between the UK and the EU without customs declarations or controls.
In practical terms, nothing will change until the end of the year.
We will ensure we are fully prepared for any further Brexit developments so we can continue to supply parts to customers across the globe!