MetaPack white paper outlines options for e-commerce post-Brexit vote
MetaPack has issued a white paper outlining the options for European e-commerce in the wake of last week’s referendum, in which the UK voted in favour of leaving the European Union. Interestingly, MetaPack believes that European e-commerce “can continue to flourish and escape burdensome red tape” despite the Brexit vote.
Patrick Wall, CEO at MetaPack, commented: “At first glance it might be thought that cross border eCommerce is at the mercy of forthcoming complex trade negotiations, but this need not be the case,” he continued. “Moving forward we need to work together collectively to protect consumers’ access to an open European eCommerce market. At MetaPack we are fully committed to ensuring that this happens.”
The MetaPack white paper, entitled UK exit from the European Union and potential developments for e-commerce, explores all of the trading models that are now being considered by UK and EU trade negotiations, including the Norwegian, Swiss and Turkish models as well as a default to the WTO approach. The company concluded: ” Following the sensible precedent of agreements around the world, using a high ‘de minimis’, the majority of eCommerce could simply be exempt from the more complex duty requirements.”
The white paper can be downloaded from http://go.metapack.com/brexit