The Brexit documents by the UK government state that, in the event of a no-deal Brexit, the UK will not be subject to the European Union regulations for cross-border cultural property trade. This could benefit the UK art and antique market.
Cultural items are ones considered to have great artistic, archaeological or historical value which are considered to belong to the heritage of a country.
The international organisation of European art and antique dealers, CINOA, said that there are European proposals for the import of cultural goods which are designed to restrict the illicit import of art and antiques from their country of origin.
According to CINOA, this would severely restrict the import of many antiques that are more than 250 years old. It would also place an administrative burden on dealers in obtaining import licences.
The law to restrict imports is going through the European Parliament. If it becomes law and there is not a Brexit deal to cover cultural items, British dealers will not require EU licences to import items. If Britain continues to have more lenient rules on importing cultural items, buyers will be able to buy cultural items more easily in Britain than in the EU.
Most antiques sold by Lancashire dealers that originate outside of Britain are not cultural items. For example, an French ormolu mounted cabinet is made by skilled craftsmen and looks beautiful, but is not a cultural item subject to any restrictive import legislation.
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