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British Manufacturers Call for UK to Stay in EU Customs Union

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Jan 22, 2018  -  A UK manufacturing group is reportedly poised to urge the Tory and Unionist cabinet not to pull Britain out from the EU customs union, alleging that remaining in the single market post-Brexit could produce double benefits for the UK.

Kristian Rouz — The key British lobbying group representing the nation's industries is set to call on the Tory and Unionist cabinet to make every effort to remain in the EU customs union. The group alleges that unrestricted access to the continental market, coupled with broader overseas opportunities, could maximize the UK's gain from Brexit.

Director General for the Confederation of British Industry (CBI) Carolyn Fairbairn is slated to deliver a major speech on Monday. She will reportedly call on the cabinet to maintain the UK's status as part of the single European market, which, on the one hand, is, "consistent" with the Brexit agenda, and, on the other hand, "good for EU firms" as well.

Continue to read the full article here 

Source:  SputnikNews  ||  january 21, 2018   |||

 

Published in TRADE
Tagged under
  • Trade
  • news talk
  • factory floor updates

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