27 February 2020
Carolyn Fairbairn, CBI Director-General, said:
“The EU and UK have now put their cards on the table. Business recognises the sense of purpose and direction of the Government, and fully respects the parameters that have been set down.
“Firms understand that this is just the beginning of months of complex talks. The most challenging areas will require flexibility from both sides to find a breakthrough.
“The spirit of compromise that delivered the Withdrawal Agreement last year must carry into the negotiations that start next week.
“Being able to demonstrate quick wins and highlight areas of mutual benefit will help build business confidence. But above all, these negotiations should prioritise three objectives. Firstly, it must ensure comprehensive coverage of services trade to help maintain the UK’s competitive edge. Secondly, exporters’ hands should not be tied by costly red tape and finally, customs complexities should be kept as low as possible.
“Meanwhile, British businesses will continue to do all they can to build on the improved optimism that has come with a new Government and provide the insight that is essential for the UK to prosper outside the EU.”