Live Comments CBI Drechsler: Customs union is a “pragmatic decision” after Brexit

    CBI Drechsler: Customs union is a “pragmatic decision” after Brexit

    Paul Drechsler, President of the Confederation of British Industry, will use an upcoming speech to urge UK Prime Minister Theresa May to “break the Brexit logjam and fast”. And he added that UK should remain in the customs union with the EU “unless and until an alternative is ready and workable”.

    And he emphasized that any solution must meet four customs tests:

    • Maintain friction-free trade at the UK-EU border
    • Ensure no extra burdens are incurred behind the border
    • Guarantee there are no border barriers for Northern Ireland
    • Boost export growth with countries both inside and outside the EU.

    Before any solution, he added “a pragmatic decision to be in a customs union with the EU would allow us to move on.”

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