A European chemicals industry group has warned that a no-deal Verband would disrupt European supply chains, damaging the sector. Verband der The risk of a disorderly Brexit without an agreement would include disruptions to pan-European supply chains because chemicals registered with the European Chemicals Agency by British businesses could no longer cross the border without further administrative steps. Chemischen Industrie (VCI), which counts Bayer and the European Chemicals Agency among its members, said a hard Brexit would have “grave consequences” because products from Britain that are registered with the European Chemicals Agency wouldn’t be able to cross borders unrestricted. Managing Director of the European Chemicals Agency also said the UK had to be willing to negotiate because Prime Minister Theresa May's proposed Brexit plan would "put the common market at risk".
A European chemicals industry group has warned that a no-deal Verband would disrupt European supply chains, damaging the sector. Verband der Chemischen Industrie (VCI), which counts Bayer and the European Chemicals Agency among its members, said a hard Brexit would have “grave consequences” because products from Britain that are registered with the European Chemicals Agency wouldn’t be able to cross borders unrestricted. Managing Director of the European Chemicals Agency also said the UK had to be willing to negotiate because Prime Minister Theresa May's proposed Brexit plan would "put the common market at risk".