• February 11, 2019
  • VCI

A no-deal Brexit cannot be an option



VCI director-general Utz Tillmann: "in view of the unclear situation, both sides should get ready without delay for the most serious event of a no-deal Brexit: The chemical-pharmaceutical industry and its customers would be particularly affected by a hard Brexit. 

In the run-up to the next vote in the British House of Commons on the further course of action on Brexit, Utz Tillmann (director-general of the German chemical industry association VCI) urges British politicians to end the gridlock: “Now, the MPs should focus on preventing a no-deal Brexit. Extending the deadline can only be part of the solution if it comes with a clear schedule for preventing the worst case.” Tillmann hopes that the Members of Parliament will make proposals that can win majorities: “In order to avert damage from Great Britain and the EU, the European Union should then show a willingness to negotiate without putting at stake the internal market and its four fundamental freedoms.

However, in view of the unclear situation, both sides should get ready without delay for the most serious event of a no-deal Brexit: “The chemical-pharmaceutical industry and its customers would be particularly affected by a hard Brexit. A collapse of supply chains would cause damage far beyond our industry.” Therefore, Tillmann sees an essential need for transitional solutions so that e.g. reliable medicines supplies in Great Britain are kept up and chemicals trading is not interrupted.

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