COVENTRY, UK — Reacting to the resumption of Free Trade Agreement (FTA) talks, the British Coatings Federation (BCF) has called on the UK and EU to reconcile their remaining differences and negotiate as soon as possible. The association stated “failure to do so would have a significant detrimental impact on the coatings sector across Europe, but especially on UK manufacturers.”
An agreement is needed to avoid tariffs being placed on future trade, which the BCF calculates would cost the coatings industry in the EU some £75 million a year in finished goods alone in both added import and export costs.