15 Dec 2017

AFME welcomes Council decision to move to Phase II of Brexit negotiations

Commenting on the Council decision today that sufficient progress has been reached to move to the second phase of the Brexit negotiations related to transition and the framework for the future relationship, Simon Lewis, Chief Executive at AFME, said:

“We very much welcome the Council’s decision that enough progress has been made to move to the second phase of the Brexit negotiations and to proceed with negotiations on a transition period. This is of crucial importance for businesses to ensure an orderly transition and financial stability.

“Businesses continue to face significant uncertainty and we urge the UK and EU27 to reach agreement on transitional arrangements, including addressing issues relating to the continuity of services under existing cross-border contracts as soon as possible. We also call on the parties to clarify the framework for the future relationship as soon as possible to provide businesses with a clearer direction of travel.”

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