Chamber Trade Club confirms Brexit Frustrations

Thu, January 24th, 2019

Liverpool Chamber of Commerce members within its newly reformed international...

Liverpool Chamber of Commerce members within its newly reformed international trade club today detailed the scale of challenge that Brexit has caused and urged the delivery of clarity as soon as possible.

The group, comprising individuals from key importers and exporters in the city region, were adamant in their assertions that the current political paralysis is having a detrimental impact on their ability to plan, prepare and forecast for the coming year ahead.

Welcoming a Paul Slevin, UK Director of the British-Irish Chambers of Commerce, the trade club was presented with important information pertaining to customs, duty and logistics for future trading arrangements with both the Republic and Northern Ireland.

Chairman of the International Trade Club, Denis Sowler, states: “the trade club enabled several of us trading companies to share intelligence, experience and concerns in a safe space. The chamber has brought us together to form a peer to peer support network and a group capable of articulating the very real experiences and challenges that we face.”

Chamber CEO Paul Cherpeau added: “At a time when macro-economic political rhetoric dominates the media coverage, it is vital that the practical implications of trade policy - including Brexit - are made clear.”

Participants from fourteen trading member businesses shared their experience of Brexit preparations, 2 companies confirming they had taken practical steps to implement Brexit mitigation actions whilst the remainder had conducted degrees of risk management practice without having the ability to implement definitive action because of the uncertainty. Budgeting costs and forecasting profits for the years ahead was also cited as problematic for several group members. The members were unanimous in the belief that the Government handling of the process has been poorly executed.

The international trade club will next meet in June at Clarke Energy in Knowsley. The club is open to Liverpool chamber members with specific interest or activity in international trade. Contact Elena Enciso, International Trade Manager at the Chamber, for details.

More Chamber News

Liverpool-powered global trade to prosper beyond Brexit

Wed, August 21st, 2019

Liverpool Chamber of Commerce provides support for businesses preparing for... More

HS2 Government review comment

Wed, August 21st, 2019

Paul Cherpeau, chief executive of Liverpool Chamber of Commerce, said: More

Chancellor accelerates Brexit preparations for businesses

Wed, August 21st, 2019

Chancellor announces new plans to help businesses that trade with Europe prep... More

Want to upload your own news and events? Click here to find out how

Members can submit news items and events relating to their business