Leaving the EU Single Market means that there will be changes in how cross border trade in services will be conducted.
The issues for services trade have not had as much focus as goods trade. In this feature, we highlight some of the common issues which services businesses need to consider and act upon in the weeks ahead.
What is changing?
Services trade sits outside of the NI Protocol, so from 1 Jan 2021 arrangements for Northern Ireland services firms will largely mirror those for similar businesses in the rest of the UK. Arrangements for services trade form part of the ongoing UK/EU negotiations on a new Free Trade Agreement (FTA).
Source: David Roberts, Economist, InvestNI Wednesday 14th October
SME Support Forum Northern Ireland 