German-British Business Leaders Call for Simplified Exchange Post-Brexit
Four years after Brexit, economic representatives emphasize the need to ease trade barriers and foster academic and professional exchanges between the UK and EU.
- Brexit has led to significant trade disruptions, with stricter customs regulations and reduced trade volumes between the UK and EU.
- Business leaders highlight the importance of restoring opportunities for student and professional exchanges, which historically strengthened German-British economic ties.
- The UK government under Prime Minister Keir Starmer has improved relations with the EU but maintains firm red lines, ruling out rejoining the customs union or single market.
- A 2025 review of the EU-UK Trade and Cooperation Agreement is expected to bring only limited changes, such as potential adjustments to rules of origin for certain goods.
- Despite challenges, German businesses see opportunities in the UK market, particularly in renewable energy and infrastructure projects supported by relaxed British fiscal policies.