Kuwait Times

German industry picks unity over Brexit trade

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German industries will prioritize European unity over trade with Britain post-Brexit, business leaders told the Observer newspaper in interviews published yesterday. British Brexit minister David Davis had claimed that German businesses, especially carmakers, would pressure the German government to keep trade open with one of its key export markets, but two of Germany’s biggest industry groups cast down on his claims. Dieter Kempf, president of the BDI federation of German industries, told the newspaper: “Defending the single market, a key European project, must be the priority for the European Union.

“It is the responsibi­lity of the British government to limit the damage on both sides of the Channel. “Over the coming months, it will be extraordin­arily difficult to avert negative effects on British businesses in particular,” he added. Ingo Kramer, president of the BDA confederat­ion of German employers’ associatio­ns, added that access to the single market “requires the acceptance of all four single market freedoms.

“The UK will remain a very important partner for us, but we need a fair deal for both sides respecting this principle,” he said. “The cohesion of the remaining 27 EU member states has highest priority.” Britain last month began negotiatio­ns with the EU to set the terms of its divorce and set a potential timetable for discussing a future free trade deal.

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