BCF Warns UK Prime Minister of Post-Brexit Trade Concerns
MANCHESTER, UK — The British Coatings Federation (BCF) has voiced increasing concerns at how plans for post-Brexit trade with the EU will have a substantial negative impact on its membership in the future.
In a letter to the UK Prime Minister, BCF CEO Tom Bowtell cited lack of progress on UK-EU Free Trade Agreement talks, as well as how current plans for future regulation of chemicals in the UK – particularly a UK version of REACH - would create substantial extra financial and regulatory burdens for business. These conditions could lead to global companies moving their manufacturing to sites in Europe, threatening the UK’s status as a net-exporter. The letter also highlighted fears of job losses across the UK if workable solutions for trade beyond the Brexit transition period were not found.