5 C
Brussels
Friday, November 22, 2024
EuropeBrexit news - live: Food trade arrangements ‘unmitigated disaster’, as EU ‘committed’...

Brexit news – live: Food trade arrangements ‘unmitigated disaster’, as EU ‘committed’ to making NI deal work

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Newsdesk
Newsdeskhttps://europeantimes.news
The European Times News aims to cover news that matter to increase the awareness of citizens all around geographical Europe.
Brexit has been called an “unmitigated disaster” by food industry experts, as they told MPs about the impact of new trade arrangements. 

Sector leaders told the International Trade Select Committee the cost of disruption hads already caused some businesses to shut their doors for good. 

Ian Wright, chief executive of the Food and Drink Federation (FDF), told MPs on Thursday food exports have been cut by at least half since the start of January despite the deal. 

He told the committee: “We agree with other trade groups that food exports to the EU have declined by 50 to 60 per cent in January.

“That may be because companies have stockpiled three or four months of goods on the other side of the Channel and they may bounce back, but that is a big number to recover in the next few months.”

He said he was “particularly concerned” about uncertainty among officials overseeing new trade checks.

“This is not trivialising it, but in many cases they are making it up as they go along, because they don’t know what would happen with particular certificates,” he said.

Mr Wright also warned that the UK could be “50,000 customs agents” short of what is needed when import regulations are enforced from April.

Marine and fisheries consultant Terri Portmann told MPs that seafood businesses are already shutting amid the impact of Brexit disruption.

“It has been an unmitigated disaster,” she said on Thursday.

“We have already seen seafood businesses who heavily relied upon an export market close their doors – companies that have been around for 30 to 40 years.

“And I suspect there are many more that are currently hanging on by their fingernails and going bankrupt slowly, because part of the problem is that with fresh seafood products, you can’t stockpile.”

Additional reporting by Press Association

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -