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Fearing the consequences of Brexit ... British manufacturers stockpile goods

2020-12-17T09:49:35.561Z


London - SANA The Guardian newspaper revealed that British manufacturers are stockpiling goods for fear of the repercussions of the transition period


London - Sana

The Guardian newspaper revealed that British manufacturers are storing goods for fear of the repercussions of the transitional period for Britain's exit from the European Union without an agreement within the framework of what is known as the (Brexit) process.

The newspaper pointed out that British manufacturers fear the possibility of disrupting ports and increasing pressure on British companies, coinciding with the end of the transition period to complete the separation from Brussels, which could cause a shortage of supplies and resources.

The newspaper pointed to warnings issued by foodstuff producers about the damage to vegetable supplies in particular if Britain failed to reach a final agreement on (Brexit), and as a result, customs duties were imposed on goods.

The British government expects such problems as it has requested suppliers of medicines, medical devices and vaccines to store quantities equivalent to six weeks in safe locations in Britain.

Britain is continuing its talks with the European Union in order to reach an agreement on their future relationship, but the failure to complete such an agreement by December 31 will lead to an increase in the prices of goods that London buys and sells to and from the European bloc.

Source: sena

All business articles on 2020-12-17

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