In the light of the disruption to the negotiations caused by COVID-19, the United Kingdom Government could consider a brief extension. However, it is hard to ascertain that a brief extension(also referred to as, Brexit short extension), possibly of only a couple of months, would end in quite a basic deal and, of course, any second wave of COVID-19 could negate implementation of such an extension.
In the case of a short extension to Brexit, Major impact areas thus include, logistics, non-tariff barriers and pre-existing barriers to trade. Beyond this extension, the needs change basis the probable outcome.
To read more about each area affected, what you need to do is to stay ahead of the curve. How Freyr can help ease your transition into these new guidelines?