As Santa Claus was busy preparing to arrive on Irish shores and deliver much-needed joy and happiness to the children of Ireland for what was a challenging 2020, the EU and UK negotiating teams were busy putting their final touches to the “Brexit Agreement” on Christmas Eve, 24 December. To many, it may have been what they had asked for; but for others, it was the dreaded lump of coal in their Christmas stocking. So what is contained in the EU–UK Trade and Cooperation Agreement (“the TCA”), what does it mean from a customs and trade perspective, and what will companies need to do to avail of 0% tariffs for trade between the EU and the UK in a post-Brexit world?
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