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good afternoon everyone and welcome to todays webinar about the uks free trade agreement with the eu brought to you by the institute of export and international trade my name is william barnes graham the senior content editor at the institute and i will be your host for this afternoon and thank you all for joining us today in just a few days since we announced for webinar we have docHubed our capacity in terms of registrations and we are expecting somewhere around 3 000 to join us today so thank you all for joining as such short notice again this is perhaps unsurprising given the importance of the trade deal with the eu which we will be discussing today which was agreed on christmas eve and came into effect on new years day and under the fda uk businesses trading with the eu of course do not need to pay tariffs but there are new rules and customs processes you will need to comply with to guide you through these new rules and the implications of the trade deal in general im delighted