ADS pushing towards best Brexit outcome for its industries
With the UK Government today having triggered Article 50 - the formal and legal process for the UK to leave the European Union - industry trade body ADS has reaffirmed its intention to continue working with Government and European colleagues, towards a new mutually beneficial trade relationship, providing the best possible outcomes for ADS' industries and members.
The triggering of Article 50 marks the beginning of a two year process during which the UK and the EU will determine the terms of the UK's exit (such as financial commitments) and begin the process of negotiating its future relationship with the EU.
Since the Referendum result last June, ADS has worked with members to identify priority issues, whilst engaging with the Government and EU colleagues to contribute to the debate and realise favourable results.
ADS - which represents the UK's aerospace, defence, security and space sectors - has In particular been pushing for the Government and its EU partners to agree an ambitious and comprehensive trading relationship that includes:
• Access to, and influence in, the regulatory regime operated by the European Aviation Safety Agency
• Access to the EU Single Market without burdensome customs administration or rules of origin
• Access to, and influence in, the collaborative space and R&D programmes run by the EU
• Access to the pool of skilled labour required to maintain the UK’s global competitiveness
• Transitional arrangements to provide sufficient time for industry to adjust to the new relationship
ADS Chief Executive Paul Everitt (above) said: “The UK’s high value aerospace, defence, space & security industries need the Government and its EU partners to agree an ambitious and comprehensive trading relationship. The industry is committed to working with the UK Government and colleagues across the European Union to inform discussions and foster the best possible outcomes.
“A successful negotiation will enable UK and European businesses to prosper in increasingly competitive global markets. A failure to agree a new trade relationship would undermine competitiveness and threaten the many high value, long-term jobs our companies sustain in the UK and across the European union.
“There will be significant challenges in the coming two years and it will be important for Government and industry to work closely to inform and secure the successful outcome we all desire.”
The negotiations between the UK and the EU will no doubt prove complex. During this time, ADS will be providing members with frequent updates through several channels, including its website (Brexit briefings here ), its weekly member bulletins, ADS' Member Receptions and its regular Board, Committee and SIG meetings.
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