As the UK and EU prepare to negotiate their new economic relationship, the CBI has set out a series of practical business priorities for the UK-EU FTA that will help the British economy thrive outside the EU, supporting jobs and investment across the country.
Based on conversations with hundreds of firms of all sizes, across every sector, the CBI’s new report – The Red Tape Challenge – covers trade in services, trade in goods and customs arrangements. The report’s concrete and practical recommendations respect the parameters for the negotiations set down by the Prime Minister in his Greenwich speech. Frictionless trade is coming to an end. The challenge business and government now share is to minimise red tape through negotiations so companies can focus on jobs and growth.
The report sets out three key areas underpinned by 22 recommendations that businesses have highlighted as their priorities for the future economic relationship: