Brexit: UK government to push for tariff-free car trade with EU

Wednesday, June 29th, 2016 - autos, cars, motoring, news

Source : Brexit: UK government to push for tariff-free car trade with EU

Honda production , says Minister of Business Sajid Javed government will fight against the introduction of a tariff of 10% on brand-new cars

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government will pay to get duty-free cars to the EU market after Brexit , said Minister of Business Sajid Javed motor manufacturers in addition to traders Association (SMMT) international Summit automotive Conference today

obtain access to EU market without cost barriers can be one of the main objectives of the automotive industry inside United Kingdom inside next two years of trade negotiations that will will create Brexit after business environment.

-free access of customs duties in addition to ensure that will the cars built in Britain does not suffer through a penalty cost. nevertheless with the definitions of work in both directions, in addition to the idea would certainly be expected inside United Kingdom similar to the introduction of a 10% tariff on imports that will were built between the European Union in addition to to the United Kingdom fees.

“at the top of my list can be to get duty-free access to the EU market to the needs of the automotive industry, said,” Javed packed audience in London.

auto industry fears that will the EU will timber cars built inside UK using a 10% tax that will would certainly raise costs. Components in addition to spare parts, such as the completion engines, many of which are built inside United Kingdom, may attract a tariff of 5%.

also asked

Javed auto industry to deal with the government in addition to provide input for the next two years of

Brexit negotiations with the European Union, “Why do you need for the negotiations said that will come?” “the idea will have to build through the ground up – in addition to I want to hear through you. You know your suppliers better.

” The auto sector can be also a type of cooperation with the government, with the private sector come together with the government to generate success. “

praised

Javed also” innovative, which rise to the challenges, “force the auto industry in his speech, in addition to the inclusion of technical progress in addition to solve problems as the strengths of the industry can be proud of you.” these are the qualities that will will matter to move forward . “

the government also plans to ensure the continuation of that will investment inside automotive industry.

” the United Kingdom can be the leading international investment in manufacturing destination, “said Javed.

” We we can not afford to turn our backs on the entire world inside sky filled with stars of the private sector shines brighter than most, with car lines every 16 seconds, in addition to more for export. “

Read more:

Brexit can the UK hurt automotive growth industry

Brexit: “grave concern” for the automotive industry inside United Kingdom

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