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After the UK announced its Brexit, it will not only open a free trade port, but also invest $11 mill

  • Author:Josie
  • Source:Search network
  • Release Date:2019-08-31
According to the latest search by sofreight.com, the UK not only set up a free trade port after the announcement of Brexit, but also announced that it will invest 11 million US dollars for port construction.



It is reported that the free trade port is a special area that is not restricted by the traditional trade regulations of the country, which is crucial for the UK to renegotiate its trade relationship with the European Union (EU).



The United Kingdom announced in June 2016 that it would leave the European Union, resulting in 51.89% of the population leaving the British territory.



The decision to leave the European Union not only led to the loss of talents, but also led to the unprecedented “cold clearing” of the British shipping industry. Some time ago, the search network reported that after the Brexit, the British shipping industry was in a catastrophic situation! (Review: After the UK logistics industry was caught in a “catastrophic dilemma”, “no transactions” forced companies to gamble in warehousing leases).



Recently, the British government has implemented new measures! It announced that it will invest US$11 million for port construction and prepare for the Brexit.

After the UK announced its Brexit, it will not only open a free trade port, but also invest $11 million to build a port facility!



According to this statement, in addition, the UK government will provide $6 million to areas with or near major ports and provide $5 million to local authorities to ensure port trade when the country leaves the European Union on October 31. It will continue to operate effectively.



Local Government Minister Robert Jenrik announced that the funds will be used locally to support the Brexit plan and ongoing activities, including additional personnel costs.



It is reported that Kent is expected to receive more than $3 million because it is considered to be the location of the country's busiest port, including Dover, Eurotunnel, Ashford and Ebbsfleet.



Robert Jenrik said: "From keeping our supply chain running and ensuring that goods continue to flow into our country, we have a strong plan for each region. In recent weeks we have strengthened our preparations, including asking for each director. Will appoint a Brexit leadership and so on."



“Now we are releasing an additional £9 million in additional funding to help prepare the UK for Brexit, and we are ready for whatever happens!”