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Re: [Updated] The UK’s future relationship with the EU
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Originally Posted by Sephiroth
They should be gagging for a trade deal with us.
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Yes, that has been said before*...
For your edification...
https://publications.parliament.uk/p...is/379/379.pdf (page 9)
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In the view of the German automotive industry, everything must be done to maintain the free movement of goods and services between Britain and the other EU countries in the future. But there is a clear priority: the cohesion and the integrity of the EU are both a foundation and precondition for reaching a reasonable understanding.
Around 56 per cent of UK vehicle exports go to Europe; only about 7 per cent of European vehicle exports come to the UK. In a no deal scenario, German manufacturers would still be able to export to the rest of the EU, tariff free; those in the UK would not.
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Quote:
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Whilst a “no deal” scenario would certainly be damaging to the automotive sector in many EU countries, especially Germany, the impact on the UK automotive sector would be far greater than that on each of the remaining EU Member States
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(*wasn't true then, either...  )
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