In a letter to the UK Prime Minister, BCF CEO Tom Bowtell cited lack of progress on UK-EU Free Trade Agreement talks.
British Coatings Federation07.17.20
The British Coatings Federation has increasing concerns at how plans for post-Brexit trade with the EU will have a substantial negative impact on its membership in the future.
In a letter to the UK Prime Minister, BCF CEO Tom Bowtell cited lack of progress on UK-EU Free Trade Agreement talks, as well as how current plans for future regulation of chemicals in the UK – particularly a UK version of REACH - would create substantial extra financial and regulatory burdens for business.
These conditions could lead to global companies moving their manufacturing to sites in Europe threatening the UK’s status as a net exporter. The letter also highlighted fears of job losses across the UK if workable solutions for trade beyond the Brexit transition period were not found.
Examples of extra regulatory burdens on the coatings and printing inks industry included UK-based companies that want to continue to export to the EU having to set up legal entities in the EU and operate unde
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