A German chemicals industry group has warned that a no-deal Brexit would disrupt European supply chains, damaging the sector. Verband der Chemischen Industrie (VDI) said it was “very concerned” about the impact of such an outcome on its members. Managing Director of VCI Utz Tillman 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 German chemicals industry group has warned that a no-deal Brexit would disrupt European supply chains, damaging the sector. Verband der Chemischen Industrie (VCI), which counts BASF and Bayer 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 VCI Utz Tillman 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".