The ‘Gateway2Britain’ project will achieve a green corridor to make trade between Flanders and the United Kingdom more efficient. The project is being carried out by VIL and Deloitte on behalf of Flanders Innovation & Entrepreneurship (VLAIO). Funds from the BAR (Brexit Adjustment Reserve) of the European Union will be released for this purpose.
status: Running |
Flemish companies suffer a significant loss of sales due to the Brexit. The average turnover loss for Flemish companies as a result of the Brexit amounted to 6 % in 2020, which combined with increased logistics costs, caused a significant financial impact.
Not only does the Brexit cause financial and administrative burdens for trading partners and authorities on both sides of the Canal, but also international supply chains are thoroughly disrupted. The difficulties include the multitude of stakeholders involved (customs, companies, terminals, forwarders, shipping companies, etc.), the transparency of the data on goods transactions and the complexity and multitude of formalities to be completed.
FLANDERS AS AN IMPORTANT GATEWAY
Flanders Innovation & Entrepreneurship (VLAIO), in close collaboration with Flanders Investment and Trade (FIT), appointed VIL and Deloitte to develop a proposal with an action plan for a global solution for the benefit of companies directly and indirectly involved in trade with the UK.
Start: October 2021
Would you like to know more?
Contact Eric Verlinden (firstname.lastname@example.org)
Supported by the EU