The Confederation of British Industry (CBI) has said there is a "lack of clarity" about trade between the UK and the EU post-Brexit, and has urged policymakers to form a customs union to support economic growth. This would allow goods that have cleared customs in 29 EU member state to be shipped to another 29 without attracting further tariffs. CBI director general Carolyn Fairbairn also asked for progress on a transitional trade deal by April 2018, and for there to be a framework for a future business trading relationship in place by October 2018.
The Confederation of British Industry (CBI) has said there is a "lack of clarity" about trade between the UK and the EU post-Brexit, and has urged policymakers to form a customs union to support economic growth. This would allow goods that have cleared customs in one EU member state to be shipped to another one without attracting further tariffs. CBI director general Carolyn Fairbairn also asked for progress on a transitional trade deal by April 2018, and for there to be a framework for a future business trading relationship in place by October 2018.