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Brexit has been one of the hottest topics in Europe for the last few years. After years of debates and arguments, the UK officially left the European Union. This exit will without a doubt affect different industries in Europe.
The change will have an impact on both the UK and other European countries. One sector that will be greatly affected by Brexit will be the transportation industry. Let’s take a look at how Brexit will impact transportation in the UK and other European countries.
Will You Need A Visa?
After Brexit, the UK will be considered as a third country. One of the most important things that people want to know about travelling after Brexit is the documentation requirements. Citizens of the UK and the EU do not require a Visa for travelling to each others country. The conditions are expected to stay the same after Brexit. For UK citizens who want to travel on short trips to the EU can enjoy a 3 months visa-free experience. A visa may be required for longer stays.
How Will Brexit Effect The Workers From Both Regions
The free travel and movement conditions made it easy for people to work in other countries without having to go through any big hassle. British citizens who are legally working or living in any of the EU member states can enjoy the same experiences that they are enjoying now. They don’t have to travel back to their country and start all over again. If the worker takes a leave of absence for five years then these rights will be ceased and the person will have to apply for a long stay in the country for work.
Pricing
Even after Brexit, British citizens will not need a visa to travel to countries in the EU. However, they will have to pay 7 euros visa waiver fee every 3 years. This means that British citizens will be able to travel relatively freely by just paying a small fee.
There are many bus services and railways that will still offer a cost-efficient travel service between the UK and the EU however the travel requirements like Visa and other paperwork add to the cost of the travel. However, overall there will be a rise in prices for all three modes of travel.
Impact Of Brexit On Transportation: Bus Travel
After years of debates and failed deals, Britain has finally left the EU and is currently in a transition period. The transition period is set to end on 31st December 2020. During the transition period, the same regulatory laws will apply to the UK as they did when the UK was part of the EU. This is true for the transportation sector as well. So all bus travel between the UK and Europe will have to conform to the same travel and transportation regulations on which they were currently acting. However, after the transition period, the laws are subject to change.
Impact Of Brexit On Transportation: Rail Travel
The UK may have left the EU but it is still a member of multiple international railway organisations. So because of this, the price may see a change but it may not be as bad as some are expecting. Passengers from the UK and the EU will still be able to enjoy comfortable travel experience between the two countries.
Impact Of Brexit On Transportation: Air Travel
Air travel will also be affected by Brexit. It is expected that the trade tariffs will also be increased to some extent due to Brexit. This is because of the fact that the UK will not be able to enjoy the benefits of a 100% free market as they used to. Other than trade there will also be an increase in the cost of passenger flights.
People who used to travel for fun and pleasure now have to spend more to travel so this will drastically reduce the number of people traveling between the countries. So the low demand will naturally result in increased prices.
Shipping Industry
One of the transportation sectors that is considered to be least affected by Brexit is the shipping industry. The global shipping industry has somewhat streamlined rules so it will not affect the prices that much. However, it will affect the prices of products that were traded through water routes.
The transportation industry isn’t just linked to passenger travel but also to trade. The increased restrictions will also affect VAT. So the imported goods will get slightly expensive as well. There is no doubt that Brexit will have an effect on transportation for both the UK and EU however the impact might not be as severe as many people are expecting it to be.