WORLDEF Chairman Nart explained the possible effects of Brexit on e-export

WORLDEF Chairman Nart explained the possible effects of Brexit on e-export
05 March 2020

WORLDEF, the international e-export platform, is organizing a forum titled “E-Commerce Market in the UK” in cooperation with the Department for International Trade. WORLDEF Chairman Ömer Nart made evaluations about the course of Brexit and the UK market for Turkish e-exporters before the forum to be held on April 15, 2020.

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ISTANBUL (TR) - The international e-export platform WORLDEF, which was established to guide the institutions that want to cross-border e-commerce to exist and compete in international markets, is organizing an event titled World E-Commerce Forum in cooperation with the Department for International Trade on April 15, 2020. WORLDEF President Ömer Nart evaluated the possible effects of developments related to Brexit on e-commerce before the event. Drawing attention to the effects of Brexit, which is the process of separating the United Kingdom (UK) from the European Union (EU), and the coronavirus that the world has struggled in recent months, Ömer Nart said that after the Brexit transition period, new arrangements will be made for e-export and it offers important opportunities for exporters.

England officially left the EU on January 31, 2020. In England, which applies the European Union (EU) norms in trade relations between countries, some uncertainties have emerged due to Brexit. Many companies engaged in cross-border e-commerce or e-export to the UK started to wonder how Brexit would affect their sales. WORDLEF President Ömer Nart evaluated the effects of Brexit on cross-border e-commerce in England. Nart said that in the World E-Commerce Forum, which WORLDEF will organize jointly with the Department for International Trade on April 15, 2020, the new situation brought by the coronavirus will be discussed together with Brexit.

“The standards of e-export products will change”

Ömer Nart, recalling Brexit process after the Turkey-exports to the United Kingdom to do some of the technical regulations and customs regulations, standards related to the products to be offered through e-export to the British market may change, he said. Nart noted the following; "There are many companies that trade relations with Britain with companies from Turkey. Our trade through cross-border e-commerce is showing an increasing momentum apart from traditional trade. However, Brexit will be a new beginning for companies that e-export to or want to do so. While cross-country e-commerce is being made to this country at EU standards, the rules of the game are changing now. I believe that Britain will take objective and constructive steps in this change process.”

“It is necessary to evaluate Brexit transition period very well”

Evaluating the Brexit transition period as a critical process, WORLDEF Chairman continued as follows: “In the new process, some arrangements will be made in customs and logistics applications. It is necessary to evaluate Brexit transition period very well and to keep up with the new commercial structure according to the regulations to be made. There is a 10-month period for the transition period to end. So we will see new e-export rules in the UK in 2021. It is important for every e-export company acting in the UK market to act with foresight.”

WORDLEF Chairman Nart made the following suggestions to e-export companies targeting the UK market; “Companies focusing on the UK market will need to take proactive steps in cross-border e-commerce operations after Brexit. Preparing for this process will reduce the disadvantages of e-export companies and provide a competitive advantage. My advice to e-export companies; By following the Brexit process well, they adapt quickly to the new process. In particular, it is necessary to consider the logistics and customs processes. Marketing campaigns should also be reviewed. Companies that can adapt flexibly and quickly to new e-export arrangements after Brexit will be more advantageous. Thus, they can become players in the UK market.”

“Brexit and coronavirus will also be discussed in the World E-Commerce Forum”

Ömer Nart said that the World E-Commerce Forum, which WORLDEF will organize in Istanbul in cooperation with the Department for International Trade on April 15, is a great opportunity for e-export companies who want to learn the post-Brexit process closely. Brexit from the forum's main theme will be discussed "E-Commerce Market in the UK" will be recording Ömer Nart, after coronavirus emerged in China, he said come on strong and reliable supplier for Turkey to England.

The President of WORLDEF emphasized that e-export companies will have the opportunity to listen and collaborate with many e-commerce experts from the UK, including the new commercial situation brought about by the coronavirus, at the forum in Istanbul. Nart added that, as WORLDEF, they closely follow the post-Brexit process and are in contact with the Department for International Trade.

UK and E-Commerce

Britain is an absolute leader in e-commerce in Europe. In the UK, Europe's largest e-commerce market, the number of online consumers is considerably higher than in other EU countries. In 2019, over 90 percent of internet users made online purchases (Statista).

What is Brexit?

After the referendum held on June 23, 2016, the UK's desire to leave the EU was finalized on March 29, 2017, and the Brexit process started. Brexit negotiations were completed on November 14, 2018, and Brexit took place on January 31, 2020. There will be a transition period until 31 December 2020. By January 2021, the UK will be treated like a commercially EU member state. Customs Union to Turkey during this period will continue to partner.

What is the World E-Commerce Forum?

The World E-Commerce Forum organized by WORLDEF is held for the sixth time this year. Aiming to create e-export awareness on a global scale and guide the participants in e-export operations, the forum organizes possible business deals by making company matches. The forum, which is held in a different country every year, focuses on developing countries such as Azerbaijan, Uzbekistan, and Ghana. In the forum, e-commerce and re-export experts from domestic and abroad share their experiences with business circles and make presentations.