British Industry Association warns Terry Scuoler, Chief Executive Officer of the British Association of industrial hard Brexit

EDF has spoken out again sharply against a hard Brexit . The traditional employer association represents British manufacturing companies, as well as companies with business models that are based on engineering and technology. 52 percent of the exports of industry of member companies go according to the EFF so far in EU countries, a total 45 percent of all exports to the United Kingdom accounted for the manufacturing industry. Thus were vulnerable to a tough Brexit between 20 and 25 per cent of UK exports.

 Brexit (image: Shutterstock) Brexit (image: Shutterstock)

after their Brexit law with a clear majority of both chambers of Parliament was adopted, which British Prime Minister Theresa may wants to the outlet from which article 50 of the Lisbon Treaty in attack take EU on March 29 for the United Kingdom. Despite lack of enthusiasm, there are serious and perhaps successful resistance only in the regional parliaments in Scotland and Northern Ireland, as well as business associations such as the EFF.

“to leave the single EU market and möglicherwesie – also the Customs Union for many manufacturing companies the only trading environment that they know at all – will be painful and expensive. To take this step without a compensation trade agreement would very problematic for many companies”, as Scuoler in a statement .

 according to a survey by StepStone, one-third of the highly trained British could imagine in the summer 2016 according to the Brexit, to pursue their career in another EU country. 600,000 British at that time already specifically planned a job change. (Graphic: StepStone) according to a survey by StepStone, one-third of the highly trained British could imagine in the summer 2016 according to the Brexit, to pursue their career in another EU country. 600,000 British at that time already specifically planned a job change. (Graphic: StepStone)
the relationship of the United Kingdom to the EU of other free trade agreements as a result, that of not about the others open their own market, but both markets are already closely woven even tighter than any other trading blocs in the world, so Scuoler – differs in his opinion further. To tear down the entire system almost overnight and to leave the negotiating table without an alternative, you can access the back, could lead only to substantial, immediate pain and costs – both manufacturers and consumers.

Scuoler calls, that UK industry and its role in the creation and development and the harmonisation of standards in the future would have to perceive with the EU. He also warns of customs duties. Even if this low should fail (in the areas of manufacturing goods they would be an average 5.3 per cent), they would clearly make exports more expensive and thus weaken the competitiveness of British companies on the European market.

also Scuoler indicates the need for preferred treatment in the UK with components from other countries of assembled products. They should be recognized in the future as “Made in Britain” and duty free next versenden bar. In addition to the cost of duties, he fears also problems through customs formalities. Even if no customs duties are levied, could review and processing to time delays in delivery and to considerable administrative overhead in the companies lead.

the Deutsche Industrie – und Handelskammertag (DIHK) expects the Brexit also with a “significant drop” in trade with Great Britain. “The Brexit will hurt considerably the shops of German companies with the United Kingdom’, so DIHK President Eric Schweitzer today compared to the Frankfurter Allgemeine Zeitung . The now published results of a DIHK survey of February among 2,200 German companies, including 1300 companies with business relations with Great Britain, German companies classify their updates business with Britain still as “reasonably solid”.

but 40 percent of those surveyed expect transactions worse in the coming months. Nine percent want to pull off even activities from the island, mainly to Germany, partly in other EU States or even countries outside Europe.

as Scuoler appeals also Schweitzer in an interview with the Frankfurter Allgemeine Zeitung on the policy that “Obstacles to the movement of goods and additional bureaucracy” would have to be as low as possible. He also stressed that too many and far-reaching concessions of the EU might jeopardize the internal market as a whole: that would be an even bigger problem for the international German companies in his opinion. DISPLAY

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