Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”

Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”

In response to the House of Commons vote in the UK, Dr. Detlef Trefzger, CEO of Kuehne + Nagel International AG, emphasises the importance of open markets.

“The House of Commons has made a historic decision which we need to respect. Kuehne + Nagel is committed to global free trade in principle which ensures prosperity for everyone. So from our perspective, “No Brexit” would be the preferred solution, since any form of Brexit is bound to increase trade barriers.

A disorderly Brexit is the worst solution. It will impose massive restrictions on the exchange of goods between the European Union and the United Kingdom. We appeal to the responsible bodies in London and Brussels to do the utmost to prevent this scenario. As far as we are concerned, we are focussed on ensuring the constant flow of goods for our customers”, says Trefzger.


Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”


Kuehne + Nagel has engaged customers and own industry experts over the past years to assess all possible impacts. In order to cope with the effects of a disorderly Brexit Kuehne + Nagel has taken steps to review all options to secure capacity on trade routes with Europe outside of the Kent corridor both by sea and air. Moreover, the company has commenced recruitment of additional customs clerks.

Kuehne + Nagel was asked to participate in the UK Government Cross Border Steering Group and will use this opportunity to define sustainable solutions as the set of Brexit conditions becomes clearer.


British Ports Association Responds to Brexit Vote

The ports industry notes developments in Parliament this evening and some in our sector will have real concern about the increasing possibility of a ‘no deal’ Brexit outcome. We would urge the Government to clarify its alternative plans immediately and do whatever is necessary to avoid a disorderly withdrawal from the EU.

We have now been discussing the implications of a ‘no deal’ Brexit with Ministers and officials for more than two years and we know they fully appreciate the disruption that this would entail at certain key port gateways. Whilst plans are in place to mitigate some of the worst aspects of this, the fundamental dangers to free flowing trade remain and must be avoided if at all possible. Ports also have a vested interest in a stable and healthy economy. We are obviously now very close to exit day and many in the ports sector will be seeking guarantees that time will found for further negotiation to avoid the UK leaving the EU on unfavourable terms.

Can be attributed as a quote from Richard Ballantyne, Chief Executive of the British Ports Association.

Images

  • Kuehne + Nagel on Brexit decision: “Free trade basis for prosperity”