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CBI response to new EU trade & investment strategy

The CBI has commented on the publication of a new EU trade and investment strategy.

Sean McGuire, CBI Brussels Director, said:

“The EU’s trade and investment strategy could help more British companies gain a valuable foothold in new, overseas markets, and contribute to job creation and greater choice for consumers.

“Being in the EU already puts British businesses on favourable terms of trade with 50 partners, and having the weight of a 500 million person market behind us strengthens our hand in trade negotiations.  Eliminating tariffs and removing non-tariff barriers are vital in assisting smaller companies to expand abroad.

“The EU must help ensure businesses throughout Europe can take advantage of new trade deals and also push for progress at the World Trade Organisation.”

 

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