UK EU Trade Summit Offers New Horizons for Agri-Food Exports
Source: dairynews.today
The UK-EU trade summit highlights potential growth in agri-food exports through eased trade barriers.
The recent UK-EU trade summit has redefined the bilateral trade landscape, introducing a Sanitary and Phytosanitary (SPS) agreement to mitigate non-tariff barriers. According to the Agriculture and Horticulture Development Board (AHDB), the EU remains Britain's primary market for agri-food exports.
Statistics reveal that from 2022-2024, a significant portion of UK red meat and dairy exports was destined for EU markets: Beef (79%), Pork (37%), Sheep meat (94%), and Cheese (78%). Although the EU market is mature, the AHDB identifies further opportunities for UK's premium red meat and halal product exports. Sarah Baker, AHDB's Head of Economics, and Ouafa Doxon, Head of Market Access, stressed the importance of the EU market amidst new trade complexities, such as Export Health Certificates (EHCs), which have escalated costs. They advocate for streamlined regulatory processes and mutual agreements to fortify supply chains and the UK's export competitiveness.
The summit serves as a critical juncture to reinforce market access, positioning the UK strongly in the EU market despite Brexit-induced challenges. Strategic engagements, like SPS discussions, promise smoother trade flows and bolster the stability of the UK's meat industry.
Statistics reveal that from 2022-2024, a significant portion of UK red meat and dairy exports was destined for EU markets: Beef (79%), Pork (37%), Sheep meat (94%), and Cheese (78%). Although the EU market is mature, the AHDB identifies further opportunities for UK's premium red meat and halal product exports. Sarah Baker, AHDB's Head of Economics, and Ouafa Doxon, Head of Market Access, stressed the importance of the EU market amidst new trade complexities, such as Export Health Certificates (EHCs), which have escalated costs. They advocate for streamlined regulatory processes and mutual agreements to fortify supply chains and the UK's export competitiveness.
The summit serves as a critical juncture to reinforce market access, positioning the UK strongly in the EU market despite Brexit-induced challenges. Strategic engagements, like SPS discussions, promise smoother trade flows and bolster the stability of the UK's meat industry.
