BDI on the pending EU Special Summit: Industry expects a clear sign of agreement

Regarding the fundamental agreement between the Brexit negotiators on a political declaration and ahead of the EU Special Summit on Sunday, BDI Director General Joachim Lang says: "Industry expects a clear sign of agreement"

- "I'm expecting a clear sign of agreement from the Brexit Special 
Summit. Reopening the negotiations is not the way forward.

- What is positive is the aim of the political declaration to strive 
for a deep and broad free trade agreement for goods and services by 
the summer of 2020. While this falls short of the advantages of 
membership in the internal market and customs union, it offers the 
opportunity to limit the damage.

- Open questions remain even after the political declaration has been
agreed. The withdrawal agreement and the political declaration 
together form a reasonable basis for facilitating an orderly 
relationship between the EU and the United Kingdom in the future. 
Continuing close cooperation between Brussels and London is essential
for our companies. A hard Brexit would be disastrous. It would create
great difficulties for tens of thousands of companies and hundreds of
thousands of workers on both sides of the English Channel."

The Federation of German Industries (BDI) is the umbrella organization of German industry and industry-related services. It speaks for 35 trade associations and more than 100,000 enterprises with around 8 million employees in Germany and 3.5 million employees in other countries. Membership is voluntary. 15 organizations in the regional states represent the interests of industry at the regional level.

Contact:

The Federation of German Industries
Member association of
BUSINESSEUROPE

Contact numbers
T: +49 (0)30 2028 1479
F: +49 (0)30 2028 2479

Website
www.bdi.eu

Email
Presse@bdi.eu

Original content of: BDI Bundesverband der Deutschen Industrie, transmitted by news aktuell