Brexit

The House of Commons has allowed the British Government to launch the art. 50 procedure for leaving the EU.  Although the Scottish Parliament rejected the plan with a vast majority, it has (regrettably) no formal say in this procedure.

Theresa May has also published a roadmap for leaving the EU. It seems from this program that Britain would like to reduce the present EU-membership to a Free Trade Agreement arrangement. For some sectors, this would mean a return to customs duties, for instance, for the agricultural sector.  This development will have considerable consequences for the GDP in a lot of member-states as well as in the UK.

ESC will monitor the situation and support the Commission to reduce negative consequences for trade in the EU.

About the author

For general and press inquiries, please contact Katsiaryna Kliuyeva at k.kliuyeva@europeanshippers.eu, or on +32479858439.