‘Brexit is giving businesses stomach aches!’ screams a German newspaper, referring to the dreaded EU deal.


‘Brexit is giving businesses stomach aches!’ screams a German newspaper, referring to the dreaded EU deal.

A GERMAN newspaper has slammed Brexit and the EU’s dreaded deal, claiming it is giving businesses “stomach aches.”

On January 1, 2021, Britain’s nearly 50-year membership in the EU came to an end when the two sides agreed to a last-minute post-Brexit trade deal.

Boris Johnson has maintained that Britain will thrive outside of the EU, free of the shackles and rules imposed by Brussels for nearly 50 years.

Several pro-EU supporters across the continent mocked the UK, claiming that being outside the bloc would harm the once-popular member state.

However, a German newspaper and website have expressed growing concerns about the impact Brexit is having on businesses across the country.

The Chamber of Commerce has warned domestic firms trade will become increasingly difficult with the expiration of the relief in the first Brexit year, according to an article published on Westfalenpost’s website titled “Brexit continues to give businesses a stomach ache.”

Since that date, January 1, several unilateral transitional rules in the UK for goods imports from the EU have expired, according to the editorial.

It was brought up by Frank Herrmann, a foreign trade expert for the South Westphalian Chamber of Commerce and Industry (SIHK) in Hagen, who explained some of the challenges that German companies are currently facing.

450 people from the SIHK district of Hagen in North Rhine-Westphalia, which includes Menden and Balve, already export goods to the United Kingdom.

Around a third of these import from the United Kingdom, with 200 offices and 50 subsidiaries.

On the British Isles, five companies have production facilities, and two in Ireland.

“Our domestic companies must now expect increased customs controls on the British side,” Mr Herrmann said, “despite the fact that many domestic customs offices on the island are still not connected to the EU’s electronic transit system.”

“Nearly a year after exiting the EU internal market, the United Kingdom remains South Westphalian companies’ seventh most important foreign market.”

“This is primarily due to a lack of auto parts supply.”

From 2022 onwards, however, this position could shift even further back.”

However, as the Westfalenpost article explains, “special regulations” for Northern Ireland continue to exist.

“News from the Brinkwire.”


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