•   
  •   
  •   

World food exports to the EU to Brexit dropped sharply

15:40  18 june  2021
15:40  18 june  2021 Source:   pressfrom.com

EU Will Act 'Swiftly' if Brexit Trade Deal With U.K. Is Broken, Top Negotiator Says

  EU Will Act 'Swiftly' if Brexit Trade Deal With U.K. Is Broken, Top Negotiator Says "The EU will not be shy in reacting swiftly, firmly and resolutely to ensure that the U.K. abides by its international law obligations," Maros Sefcovic said.The deal is supposed to support post-Brexit trade between Europe and the U.K. It provides for an open border between the Republic of Ireland, an EU member state, and the U.K.'s Northern Ireland. This has angered citizens of Northern Ireland since it sets up a customs border between the region and the rest of the U.K., which means new red tape for businesses.

British food exports to the EU have fallen significantly after Brexit. In the first three months of the year, export sales fell by almost half (47 percent) to around 1.7 billion pounds (just under two billion euros), as the British Food and Drink Federation announced on Friday.

Containerschiff am Liegeplatz des DP World Containerterminals im Hafen von Southampton. © Andrew Matthews / Pa Wire / dpa container ship at the mooring of the DP World Container terminal in the port of Southampton.

Looks for another year, the decline in exports to Europe is even 55 percent. "The loss of two billion pounds of exports to the EU is a disaster for our industry," said the International Trading Chief of the Association, Dominic Goudie. "It is a clear sign of the extent of the losses that british manufacturers are confronted in the long term for new trade hurdles in the EU."

The hardest hit the manufacturers of dairy products whose exports declined by 90 percent. In cheese exports to the EU, the decline was two-thirds.

5 years after Brexit vote, divided UK still feels shockwaves .
LONDON (AP) — Five years ago Wednesday, Britons voted in a referendum that was meant to bring certainty to the U.K.’s unsettled relationship with its European neighbors. Fat chance. Voters’ decision on June 23, 2016 was narrow but clear: By 52% to 48%, they chose to leave the European Union. It took over four years to actually make the break and the former partners are still bickering, like many divorced couples, over money and trust. And fiveFat chance.

usr: 5
This is interesting!