On 30 November the Department for the Economy launched a new online tool to help services exporters prepare for the end of the transition period. RSUA had previously lobbied for the tool to be made available to help members plan for the potential arrangements following the end of the transition period on 31 December 2020.
The tool, known as the Market Access Policy Simulator (MAPS), has been created to help services businesses understand the new regulatory barriers which they may face when trading with the Republic of Ireland. The tool is available here.
RSUA Director, Ciarán Fox, welcomed the launch of the MAPS tool commenting:
“The impact of EU Exit on services trade has often been overshadowed in the discussions about NI and the economy. NI has many successful services sectors and we are recognised for delivering high quality services to our customers in a variety of markets. Given the nature of our economy, and the fact we share a land border with the Republic of Ireland, that is a particularly important market for our sector. This tool will play an important part in helping our members navigate the new trading environment which may emerge in January 2021 and we welcome its publication.”