The priority for the life sciences sector remains the ability to trade freely with the EU - in goods and services. The sector benefits from EU Free Trade Agreements (FTA) and Mutual Recognition Agreements (MRAs) . Element of the MRAs are integrated into supply chains, therefore it is important that there is a continuation of those agreements, in any type of Brexit.
Department for International Trade update on trade agreement continuity Feb 2019
The UK is in the process of transitioning existing trade agreements of which the UK participates as a member of the European Union. This note from the Department for International Trade sets out the status of those agreements that may not be in place by exit day. To read the full note please follow this link.
BIA Response to DIT Consultation on Future FTAs Nov 2018
The BIA has responded to the Department of International Trade (DIT) consultion on future Free Trade Agreements (FTAs) with the US, Australia, New Zealand and the Comprehensive and Progressive Agreement for Trans-Pacific Partnerships (CPTPP). Please follow this link to read the BIA response.