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Rotterdam Port CEO ‘making ready for the worst’ with Brexit

ROTTERDAM (Reuters) – The Port of Rotterdam is bracing for a British exit from the European Union with none deal on customs, and measures reminiscent of hiring 100 additional customs brokers and dozens of contemporary produce inspectors.

CEO Allard Castelein mentioned he had had two conferences previously week with “policy makers, the cabinet, the government and supporting officials about the consequences” of a so-called “hard” Brexit, which might transfer Britain away from EU guidelines.

“If you have 407 days left, then you don’t have time to embrace hypotheses that it will turn out pretty good in the end,” he instructed reporters. Britain is because of exit the EU on March 29, 2019.

“Let the government negotiate for the best, we are preparing for the worst.”

Prime Minister Theresa May plans to take Britain out of the EU’s single market and customs union after an preliminary Brexit transition interval. The EU says that may imply tariffs and different limitations for items shipped throughout the English Channel.

Depending on the commerce guidelines adopted by Britain, Rotterdam – and different transit factors – may wish extra customs officers to examine produce, and extra agricultural inspectors as a result of animals and merchandise reminiscent of meat may wish separate approval earlier than getting into the EU.

Britain is the Netherlands’ second largest buying and selling associate after Germany, with greater than 60 billion euros price of annual bilateral commerce, in accordance with government statistics.

Much of that commerce flows by Rotterdam, Europe’s largest port. The Dutch government’s Economic Policy Analysis company forecasts that Brexit will value the Netherlands 1.2 % of GDP by 2030.

While Dutch Prime Minister Mark Rutte has mentioned he favours a negotiated exit deal, he has additionally underlined that he “fully supports” the EU’s single negotiator in talks with Britain, Frenchman Michel Barnier.

Castelein was talking after the port reported 2017 outcomes on Thursday that confirmed sturdy development in transport containers.

He mentioned that tens of 1000’s of Dutch firms that commerce with Britain by way of the port “have never known an import or export document” and would want schooling.

Castelein mentioned hiring additional employees in customs and agricultural inspection was a time-consuming course of that wanted to start nicely prematurely.

In addition, the port is learn how to reorganise bodily area “to prevent congestion” together with creating new areas outdoors the terminals to load and unload.

Reporting by Toby Sterling; Editing by Alison Williams

Our Standards:The Thomson Reuters Trust Principles.

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