The British Retail Consortium (BRC), a group that represents the UK retail sector, has launched what it describes as a Tariff Roadmap report, which aims to provide support to the next UK government, as part of its 'Fair Brexit for Consumers' project.
The BRC report focuses on 'the tariff aspects of Brexit, illustrating Britain's current import trade relationships with data and facts to highlight the risks and opportunities ahead'.
This follows the announcement by UK Prime Minister Teresa May last week that there will be general election held on 8 June.
Positive Process
“Ensuring the journey ahead is positive for both retailers and consumers requires an orderly and sequenced Brexit process," said Helen Dickinson, chief executive of BRC.
"The first step is to mitigate the risks by securing the continuation of tariff-free trade with the EU, to avoid further upward pressure on food prices. Next, is the need to replicate the EU’s existing deals with developing countries. Only then, should the Government look to realise the opportunities presented by new trading relationships with the rest of the world.”
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.
