Brexit: The road to the future EU27/UK relationship
On 29 March, United Kingdom’s Prime Minister Theresa May formally launched the Brexit process by triggering Article 50 of the Lisbon Treaty. FoodDrinkEurope and its members have underlined the need to minimise the business impact of the UK’s departure on European food and drink companies and the necessity to establish a new and sustainable working relationship as quickly as possible. EU-27 food and drink trade with the UK is worth some €45 billion, making it the EU’s largest trading partner. In addition to that, as the EU’s largest manufacturing industry, the food and drink sector must be a priority in the upcoming negotiations.
Establishing certainty is essential for citizens and for business. Ensuring the least possible disruption of trade in raw materials, ingredients and finished food and drink products, and minimising regulatory divergence, will be crucial elements in the negotiations. It will be vital to ensure there is adequate time for transition to new arrangements for the highly integrated and sophisticated supply chains that exist in the EU food industry.
FoodDrinkEurope aims to play an active role in the Brexit process. Our goal is to ensure the least disruptive outcome for the food and drink sector at large.
Click here to read our industry’s position on Brexit.