The European Union (EU) is an economic and political union of 27 countries.
Dual market access allows businesses in Northern Ireland to trade goods freely with Italy as it is part of the European Union.
What is dual market access?
Dual market access allows businesses in Northern Ireland to trade goods freely with both Great Britain and the European Union.
This means goods can move from Northern Ireland to Great Britain and the EU without customs checks or tariffs, offering businesses a competitive advantage in both markets.
What are the benefits of dual market access?
With dual market access, your manufacturing business based in Northern Ireland can
- Expand your customer base Sell goods seamlessly to both GB and EU markets.
- Avoid trade barriers no customs declarations or tariffs when trading with the EU.
- Enhance your competitiveness access to two major markets provides a unique edge over businesses operating in only one.
- Reduce compliance costs Northern Ireland maintains regulatory alignment on goods with EU regulations and there are no additional approvals required to place qualifying goods on the on the market in GB.
- Simplify your supply chains businesses in Northern Ireland can act as a gateway between the UK and EU, leveraging their unique position to enhance logistics and distribution networks.
Dual market access presents opportunities for businesses meaning that Northern Ireland-based companies can strengthen relationships with both UK and EU customers while maintaining supply chain efficiency.
Read more about how you can maximise the opportunities of dual market access.
