In response to the news, Peter Davidson, executive director of the Tank Storage Association, said; “This bespoke regime will apply from 1 January 2021 and replace the EU’s common external tariff. The UK’s bulk liquid storage sector supports growth and prosperity by importing, exporting, storing and blending liquid products that are integral to our daily lives, from transport and heating fuels to chemicals, agricultural and food-grade products. It is good to see the government listen to sectors, such as ours, that play a significant and leading role in international trade. Looking ahead, we will continue working closely and constructively with the government on behalf of our sector to ensure that we can continue to deliver and thrive.”
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