There is no getting around the fact that the United Kingdom must fulfil its obligations under the Withdrawal Agreement says BDI Director General Joachim Lang with reference to the parliamentary introduction of the British Internal Market Bill.
Business on both sides of the Channel must now prepare itself for bilateral trade without an agreement under WTO rules, says BDI Director General Joachim Lang after the sixth round of Brexit talks.
With respect to the resumption of the Brexit negotiations, BDI Director General Joachim Lang says: "Resumption of the talks is a long-expected signal".
BDI Director General Joachim Lang comments in response to the election results in the UK. Our companies must now expect to leave by 31 January.
Reacting to the decision of the British Conservative Party to appoint Boris Johnson as party leader, BDI Director General Joachim Lang says that the economy urgently needs a UK government that makes feasible decisions.
Regarding the fundamental agreement between the Brexit negotiators on a political declaration and ahead of the EU Special Summit on Sunday, BDI Director General Joachim Lang says reopening the negotiations is not the way Forward.
BDI (Federation of German Industries) Director General Joachim Lang comments about Prime Minister Theresa May's visit to Berlin. Instead of specifying concrete proposals with regard to future relations with the continent, London is delaying making its position clear.
BDI Director General Joachim Lang responds to the EU decision on the Brexit negotiation guidelines and the proposed transition period until the end of 2020.
BDI Director General Joachim Lang expressed concern at the expected impact of the US tax reform on German companies. The new regulations set cross-border companies considerable incentive to relocate investments to the US. Lang therefore calls on the German government to extensively reform German external tax regulations.
BDI Director General Joachim Lang laments the lack of a breakthrough after the latest meeting between UK Prime Minister Theresa May and European Commission President Jean-Claude Juncker. Lang calls on the British government to reach agreement internally.
BDI Director General Joachim Lang has sharply criticised the US tax reform plans, saying they are not compatible with internationally agreed tax principles and are protectionist in nature. Lang urges Germany to face the international tax competition swiftly.
After a meeting between British Prime Minister Theresa May and economic representatives midday today, Director General of the Federation of German Industries (BDI) Joachim Lang said that some necessary steps must still be made.
In its most recent meeting, the European Council decided not to move into the second phase of the Brexit negotiations. The situation will be reviewed again in December 2017. BDI Director General Joachim Lang expressed his understanding but also underlined the need for clear progress before the next summit.
Stefan Mair welcomes the informal agreement between the European Commission, Parliament and Council (trialogue) on reforming the EU's trade defence instruments. This is an important step to address the legal proceedings China has initiated against the EU before the WTO. However, the BDI strongly opposes the politicisation of trade defence instruments.
BDI Director General Joachim Lang warns: “German firms must prepare for the worst-case scenario of a very hard exit, anything else would be naïve.” The BDI set up a task force to identify potential and acute risks associated with the UK’s exit from the EU and to develop constructive solution proposals. “To make it clear: Yes, German industry wants to keep a very close relationship with Britain....
BDI President Dieter Kempf urges parties to rapidly sound out the coalition possibilities following the federal elections and take up focused negotiations on forming a viable new government. This is key to averting damage to Germany’s business environment.
BDI President Dieter Kempf calls on the British government to finally make clear statements on their withdrawal arrangements at the start of the third round of Brexit negotiations. The proposals for customs exemptions would be disproportionately bureaucratic and impractical. Kempf hardly expects significant progress without a coordinated government approach.
Regarding the outcome of the parliamentary election in the United Kingdom, the President of the Federation of German Industries (BDI) Dieter Kempf said: “A weakened government does not make the difficult starting position for the Brexit discussions any easier.”
Following the decision of the US President to withdraw from the Paris Agreement, BDI President Dieter Kempf underlines the importance of global cooperation. Unreliability and unpredictability are poison for the global solutions we need.
BDI President Ulrich Grillo responds to the recent statements from Germany’s Economics Minister on the progress of TTIP negotiations.
In an interview with news magazine Spiegel, BDI President Grillo criticised the economic agenda of US presidential candidate Donald Trump, claiming that the Republican politician was ignoring the realities of the 21st century.
Statement on the release of secret TTIP documents
After more than fifty years, the USA has replaced France as Germany’s most important trading partner. Following publication of the latest foreign trade statistics, BDI Executive Board Member Stefan Mair made the following statement concerning the Transatlantic Trade and Investment Partnership (TTIP).
Dieter Schweer, a member of the Executive Board of the BDI, welcomes the rapid introduction of Real Driving Emissions following a vote of the European Parliament.
BDI Director General Markus Kerber states his views on the new scheme for transatlantic data transfer.
The new regulation for the Safe Harbor agreement announced for the end of January is not in sight. BDI Director General Markus Kerber expresses his criticism.
BDI Director General Markus Kerber comments on the initiative of the EU Commission relating to tax harmonisation.