Vote in the UK House of Commons on delaying Brexit
VCI: Delay must lead to a solution
VCI: postponing Brexit could give extra time to find a solution for an orderly withdrawal ++ EU Member States should grant a delay if this can avert a hard Brexit ++ The chemical-pharmaceutical industry is calling for adequate transitional solutions for a worst case scenario.
A majority in the British House of Commons voted for postponing Brexit beyond the official date. This could open an extra time window to find a solution for an orderly withdrawal, so the German chemical industry association Verband der Chemischen Industrie (VCI).
VCI director-general Utz Tillmann emphasises: “The remaining EU Member States should grant a delay beyond 29 March only if this can avert a hard Brexit. An orderly withdrawal of the UK from the European Union must remain the goal of all political efforts, because the consequences of a no-deal would be unpredictable for companies – irrespective of their preparations.” An agreement between Brussels and London would enable reliable planning for businesses and safeguard legally sound European elections.
Notwithstanding all precautions taken by the companies for a chaotic Brexit, according to Tillmann much uncertainty persists in Germany’s third largest industry. He states: “In this setting, we are calling for adequate transitional solutions for a worst case scenario. The chemical-pharmaceutical industry and its customers would be particularly affected by an uncontrolled Brexit. A collapse of supply chains will cause damage far beyond our industry.”
The VCI represents the politico-economic interests of around 1,700 German chemical companies and German subsidiaries of foreign businesses. For this purpose, the VCI is in contact with politicians, public authorities, other industries, science and media.The VCI stands for over 90 percent of the chemical industry in Germany. In 2018 the German chemical industry realised sales of ca. 204 billion euros and employed 462,000 staff.