The UK government has published a position paper setting out its preferences for the UK's future customs arrangements in relation to trade with the EU. The UK government has proposed two alternative options, both of which take the UK outside the EU customs union and, therefore, allow the UK to develop its own trade policy and enter into preferential trade agreements with other countries.
The first option is based on the UK and EU trading with each other as third countries but with efficient customs processes.
The second option envisages an "innovative approach" involving the UK aligning its import regime with the EU's external customs border, for goods that will be consumed in the EU market.
Click here for UK Government paper on future customs arrangements