UK Strategy for Trade with Pakistan after Brexit
It is also important for UK authorities to allow UK businesses to compete with the rest of the world
The UK after leaving the European single market is
keen to continue with her trade hub role and for this idea of free ports or
free trade, zones are also as an option. It will help the UK to carry on with
its stature of one of world trade hub.
UK trade with Pakistan through sea and air cargo services
will also improve in volume and value as Pakistani products will reach to the
English market and vice versa. Cargo companies in the UK also keep doing
business with a similarly busy schedule. UK government is also finalizing
tariff plan which will come into effect from the first day of next year.
It is also important for UK authorities to allow UK
businesses to compete with the rest of the world on fair terms. European Union
tariff on goods entering the UK is no more valid and new tariff will be for
goods of those countries with which the country does not have a free trade
agreement.
Government at the first stage is negotiating such a
trade agreement with four countries including the United States.
Without adding unreasonable cost to the goods
British Ports Association is working on a plan of
free ports which is an area within physical limits of a country but where
customs regulations are not applied. It will be helpful to import goods and
then add value to them before exporting the same to other countries. Cargo
to Pakistan at the Cheapest Rates
Without adding unreasonable cost to the goods will
result in more buyers of UK products around the world. At the present United
Kingdom has 125 cargo handling ports and the plan of free ports will benefit
all of them but on different scales. After the end of Brexit transit period,
the concerned authorities are keen to have a strong trade agreement with EU
with minimizing possible tariffs.
From the UK to Pakistan people usually send parcels
Some traders hire services of a cargo company for
the long term and these service providers in return offer exclusive rates.
Loyal customers are valued by the companies and it is a two-way deal so both
sides get the benefit.
Sometimes on special occasions, courier companies
offer special prices for different destinations and these rates are mostly for
small parcels booked by individuals. From the UK to Pakistan people usually
send parcels to their relatives and friends to share their happiness. Service
providers knowing these occasions lower their rates to attract more customers.
These companies also provide very effective tracking
Individuals are normally more concerned about
secure delivery of goods to receivers so they pack things by themselves.
Sometimes courier companies pack the consignments according to their standards
to minimize the volume and also to ensure the protection of goods.
They have standard packing material which they use
professionally so that everything reaches to consignees in the best form. These
companies also provide very effective tracking of consignments so that both
sender and receiver remain well aware of the actual location of a parcel.
For bigger consignments, the newly surfaced idea of
tracking through chip is
introduced which could give the exact location of a container to the people
concerned and they do not need to ask for this information.
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