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Red Tape, Regulation & Costs Holding Back Exports
Almost half (49%) of businesses say current customs checks and declarations are a barrier to exporting. This rises to 62% for manufacturers. Taxes and duties, due to tariffs, are the next biggest stumbling block for two fifths (40%) of firms. Regulations, such as product certification, cause problems for a similar proportion of businesses (38%).
Image by Jana Schneider from Pixabay
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