Compensation schemes for Dutch exporters who have lost revenue or market share as a consequence of the UK leaving the EU opened for applications at the beginning of November.
The support comes from a multi-billion EU fund, the Brexit adjustment reserve, which member states have applied to. One compensation scheme will reimburse adjustment costs already incurred and the other will reimburse adjustment costs which will be incurred in future. Costs relate mainly to customs processes, such as training to understand new procedures, expenditure on new software, or external consultancy.
The funding is also paying for a trade programme, to help businesses secure new markets.
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