The decision of the UK to leave the EU opens up factors of uncertainty. It is therefore essential to organise the exit of the UK from the EU in an orderly and constructive manner to allow business to prepare and adjust to the new situation.

Markus Beyrer, Director General of BusinessEurope, said: “BusinessEurope urges negotiators on both sides to reach the withdrawal agreement without delay so as to be able to focus as early as feasible on the future relation and transitional arrangements. Until there is certainty on the future relation, it is indispensable to foresee transitional arrangements. A solution that ensures the UK will remain in the customs union and the single market for the duration of the transition period with all appropriate rights and obligations would help provide citizens and business with more certainty and predictability.”

Source: BusinessEurope

Image: Fotosearch