Blog: Brexit Creates 500 Customs Jobs in Bosnia and the Philippines – Bloomberg

Port of Felixstowe As Shipping Watchdog Sets Rules to Curb Industry's Carbon Intensity

Photographer: Chris Ratcliffe/Bloomberg

Photographer: Chris Ratcliffe/Bloomberg

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.

Brexit has helped to create at least 500 jobs in Bosnia-Herzegovina and the Philippines over the last quarter as companies turn to overseas labor to manage a wave of incoming red tape.

DDC FPO Solutions, a U.S. firm which helps freight forwarders process customs documents, has taken on the staff in those countries due to a surge in demand linked to Brexit.

After Britain leaves the EU’s single market on Dec. 31, hundreds of millions of extra customs forms will have to be filed annually to keep trade flowing, and the U.K. has a shortage of agents to do the work.

“It is becoming very apparent that there is a serious gap between what forwarders, transport and logistic providers need, and what they currently have,” Madison Conway, director of marketing at DDC FPO, said in a telephone interview. “The gap is being exposed.”

Read more: Tesla and Heinz Hit Brexit Snag as Customs Capacity Runs Out (2)

Companies are racing to prepare for new obstacles to U.K.-EU trade from 2021 that will be imposed even if the two sides agree to a free-trade deal. Romania and India have also benefitted as firms seek out lower-cost overseas labor to handle the new paperwork.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s