The EU's upcoming General Product Safety Regulation may create significant barriers to international trade for small firms, particularly impacting their ability to export to EU member states and move goods to Northern Ireland.
Our latest research indicates that 37% of current exporters view information on product safety rules and customs as one of the most beneficial tools when entering new markets, highlighting a critical need for clarity.
With 49% of current and prospective exporters considering local regulations essential for competitiveness, it is vital that both the UK and EU governments collaborate to eliminate unnecessary trade barriers.
While the UK Government's guidance on the new EU rules is appreciated, small firms are still burdened by the complexity and costs involved, necessitating stronger export support and tailored assistance for easier market entry.
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