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ARTICLE · 22 AUGUST 2019

Brexit's Potential Impact On Shipping In Cyprus

Elias Neocleous & Co LLC
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On 29 March 2017 the United Kingdom notified the European Council of its intention to leave the European Union in accordance with Article 50 of the Treaty on European Union.

CyprusTransport
Costas Stamatiou
Costas Stamatiou
Vassilis Psyrras
Vassilis Psyrras
Andreas Christofides
Andreas Christofides
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On 29 March 2017 the United Kingdom notified the European Council of its intention to leave the European Union in accordance with Article 50 of the Treaty on European Union. In an effort to minimise any possible disruption to the shipping industry deriving from Brexit, the Cyprus Shipping Deputy Ministry has referred interested parties to the European Commission's Notices to Stakeholders.1

However, the Shipping Deputy Ministry has emphasised that affected parties must also make their own preparations for the United Kingdom's withdrawal from the European Union.

The Shipping Deputy Ministry has also underlined that where new authorisations, licences or certificates will be required, each party will be responsible for applying in good time.

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