Freeports have potential to free up trade – FTA

Port of Liverpool

The FTA said a plan by the government to establish 10 freeports in the UK as part of its “levelling-up” agenda has the potential to unlock significant opportunities for international trade. However, it also warned that the policy brings with it a host of problems relating to competition, planning and friction with the Northern Ireland protocol and it urged clarity and more details about their creation. Freeports are zones considered as outside their home country for customs purposes, enabling goods […]