SMMT welcomes extension to Brexit talks
The Society of Motor Manufacturers and Traders has urged UK and EU negotiators to break the deadlock and agree a trade deal after both parties agreed to keep talking beyond yesterday’s deadline.
The Brexit transition period ends on 31 December and if a deal is not agreed by then the UK will trade with the EU under WTO terms.
Mike Hawes. SMMT chief executive said: “We welcome the commitment from both sides to continue talking and find a way through the political impasse – we now need negotiators to finish the job and agree the deal we all so desperately need, without further delay. ‘No deal’ would be nothing less than catastrophic for the automotive sector, its workers and their families and represent a stunning failure of statecraft. Quite simply, it has to be ruled out.”
