BERLIN (Reuters) – Companies will face disruption to their provide chains if Britain leaves the European Union with out securing continued entry to the bloc’s single market or a customs union, EU chief Brexit negotiator Michel Barnier instructed a German newspaper.
European Union’s chief Brexit negotiator, Michel Barnier attends a media briefing with Britain’s Secretary of State for Exiting the European Union, Dominic Raab, after a gathering on the EU Commission headquarters in Brussels, Belgium August 21, 2018. REUTERS/Francois Lenoir
“Should the British government decide in favour of a customs union with us, which is still possible, things would be much easier,” he instructed the Frankfurter Allgemeine Sonntagszeitung newspaper in an interview to be printed on Sunday.
“In any case I advise industry to make their supply chains Brexit-proof,” he mentioned. Asked a few doable extension of the negotiations past a casual October deadline, Barnier mentioned: “We don’t need more time. What we need are political decisions.”
Reporting by Joseph Nasr; enhancing by Andrew Roche