What is the European Union (EU) Customs Union? Customs Union member states cannot enter into independent trade deals with third parties. Is Britain planning to leave the Customs Union? As things stand, yes, so it can make trade deals with non-EU countries. Critics have also argued that a post-Brexit customs union with the EU that ends up being identical to the existing Customs Union obviates the need to leave it in the first place.

Source: The Hindu August 24, 2017 04:08 UTC