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Wednesday, July 08, 2020 9:31:26 AM
The UK has decided not to extend the transition year, and the end of June deadline for doing that has now passed.
That's not to say it definitely won't happen.
Because if both sides decide they want a transition extension come the autumn, then it will probably happen.
Crashing out at the end of the year without a deal on border controls, will lead to a customs nightmare for any sort of international freight forwarding.
Trade tariffs will likely be introduced, and Dover and the surrounding road network will likely become the world's biggest lorry park.
All sorts of supply lines will likely be disrupted, including of course, medicines.
Seeing as my views on possible wider consequences may be a little on the alarmist side, I'll keep them to myself for now...
Regarding MHRA drug approvals going in to 2021, one can only speculate. Covid vaccines will be warp-speeded.
And BP oncology drugs will get some form of mirror approval.
Not sure where that will leave us...
https://ukandeu.ac.uk/can-the-brexit-transition-period-still-be-extended/
JMO.
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