Article 50 process should be extended, says Maritime UK
- New survey shows business leaders support Chequers accord, but now think no-deal likely
- Just 50% of businesses have made no-deal preparations
Maritime
UK, the industry body for the maritime sector has urged the government and
European Union to extend the Article 50 process if a deal is not agreed by
October.
According
to a recent survey commissioned by Maritime UK, 66 per cent of UK
business leaders think a ‘no-deal’ scenario is now likely, with just half of
them saying that they have made preparations for such an outcome.
Maritime
UK, whose members facilitate 95% of UK trade, is calling on all parties to get
behind the Prime Minister’s Chequers accord, and for the European Union in turn
to show pragmatism.
With
half of business leaders questioned having not made preparations for a no deal, Maritime UK believes there
is not enough time to prepare for crashing out of the EU.
Of
the 507 business leaders polled, more than half (58 per cent) supported the
agreement reached by the Cabinet at the recent Chequers summit, which includes
a new UK-EU ‘free trade area’ and a commitment to replacing the free movement
of people with a ‘mobility framework’.
The
survey found that the major no-deal concerns for business leaders are increased
costs and supply chain disruption, including delays at ports.
Welcoming
the survey’s publication, David Dingle, Chairman of
Maritime UK, said:
“Business
leaders from across the economy support the maritime sector’s call for a
pragmatic Brexit deal that enables frictionless trade.”
“We
cannot accept that no deal is better than any deal.
“A
worrying number of business leaders from all sectors and parts of the country
now believe a ‘no deal’ is the most likely outcome.
“If
we fail to agree a deal by October, it is in the interest of both the UK and EU
to extend the Article 50 process.
“Failing
to secure a deal will mean delays and disruption at ports like Dover, Holyhead
and Portsmouth, but equally at EU ports including Zeebrugge, Calais and Dublin.
“We
urge both sides to recognise an agreement is in everyone’s interest, and to be
pragmatic so that a deal may be agreed quickly.
“The maritime sector welcomed the Chequers accord and the renewed pragmatism it demonstrated. It’s time that Brussels demonstrates that same pragmatism now.”