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Business leader issues warning on German post-trade Brexit UK.
Business leader issues warning on German post-trade Brexit UK.
Thursday, September 29, 2016 15 59 BST Last updated Friday, February 17, 2017 Nov. 26 GMT.
The head of the largest business group in Germany said German companies will not claim a free trade agreement between the EU and Britain after Brexit, despite the number of cars and countless other products they sell in the UK.
In remarks that could be considered more chance of a hard Brexit outside Britain the single market of the EU, Markus Kerber, BDI, dismissed that German companies would not tolerate commercial rates after the departure of Britain, and has said that relations between Germany and the rest of the block were more important.
I read a lot of articles in the British press saying Germany would be a relatively soft negotiator because 7 5 German exports go to Britain, Kerber told the BBC Radio 4 Today program Well, May 7 is a big number, but 92 5 goes somewhere else.
Pro-Brexit political leaders, including Foreign Minister Boris Johnson argued that economic imperatives German cars, Italian cheese and French wine sold in the UK would require the EU to offer Britain a favorable trade agreement, including a compromise on control free movement Theresa May said the first priority of the UK.
But, as far as German manufacturers valued good relations with clients in the UK, Kerber said it was extremely important for us not to lose or alienate other European markets.
He said the level of bad political will against Great Britain on the continent was much, much greater than economic rationality partly because the single market and the expansion to the East bloc were at the heart of strategies in the UK and it was now exactly the countries where migrants are causing headaches in Britain.
Ultimately, Kerber said, there was no difference for the BDI between political views and economic vision Pointing to huge investments made by German car manufacturers in Central Europe, he said, for us, the single market, Eastern Europe and the freedom of movement, they all agreed, which is inseparable.
Carlos Ghosn, CEO of Japanese carmaker Nissan said Thursday that his company would require a contract in the UK offer compensation for the potential business costs resulting from Brexit before committing to invest more in its plant in Sunderland.
If I have to make an investment in the coming months and I can not wait until the end of Brexit, I have to make a deal with the British government, Ghosn said at the Paris Motor Show If there are tax barriers being established on cars, you must have a commitment for car manufacturers that export to Europe there is a sort of compensation.
In a speech seen as confirming its preference for a hard Brexit, commercial secretary of Britain, Liam Fox, on Thursday welcomed the chance to Britain to become a full member independent from the World Trade Organization after Brexit and told to leave the EU was a golden opportunity for the United Kingdom for trade with the rest of the world, particularly market development.
A survey by the EU-27 by the Bloomberg news agency also revealed the unanimous opposition in the UK remains a member of the single market if it refused to accept the freedom of movement.
Positions in Brussels and other EU capitals were hardening, the survey found even with traditional allies such as Ireland now insists Britain should not be allowed to pick cherries in exit negotiations to come up.
Several countries require the end Britain with inferior conditions to those it currently has, while others want to continue to pay into the EU budget in exchange for all the benefits it is some countries , particularly in Central Europe, threatened to veto any Brexit agreement that does not guarantee the rights of their citizens to live and work in the UK.
Kerber said an agreement curb immigration to the EU, while retaining privileged access to the single market was impossible, and understanding the British government seemed to seek was not ready or that continental Europeans even able to give .
If the British makers look very hard at what it is and what it is they get, there is no choice but the hard output, he said, adding that it could be better a fudge in the middle that does not work and leave the political persistent uncertainty.
Moreover, the French foreign minister, Jean-Marc Ayrault, said before a meeting with Johnson in London that the referendum on the EU was won by demagogy, lies, half-truths and exaggerations He said he was sure that Europe could survive, could only hope for the same for Britain.
The UK and the EU have recently been victims, in June, one of the crises of demagogy, Ayrault said Brexit compromise nor the European Union, I am sure, neither the United Kingdom, I ' hope.
He said Brexit was rooted in lies, exaggerations and caricatures, we must remember that I say this with all the more quiet because the promoters Brexit admitted after the referendum on leaving the ship, their promises are unsustainable the supreme irony is that they left the burden of negotiating with a Prime Minister who campaigned to stay in the union.
German business leader issues warning on trade with postBrexit UK Politics The Guardian, German business leader.