Companies not yet seeing relationships with European partners affected by Brexit
29 January 2018
Mike Josypenko – our Director of Special Projects – was recently on the panel for the webinar on ‘What exporters need to know about Brexit in 2018’ that we hosted as part of the Open to Export programme.
The session covered some of the potential outcomes of the negotiations, how these outcomes might affect British businesses, the timeline for the negotiations over the next year or two, and some practical considerations for companies to make whatever the outcome.
Mathilde Murphy from Enterprise Europe Network also gave short and long-term tips for companies looking to continue to do business with Europe.
Post Brexit Planning workshops
Mike’s presentation introduced some of the key areas of the workshop he runs for the Institute on planning for post Brexit.
This workshop focuses on the implications for existing export and import businesses trading with EU member states, and also gives tips for spreading your business into the rest of the world.
It is intended to provide exporters and importers with the knowledge to prepare for different Brexit outcomes in the medium and longer term, and offers a checklist of practical steps to anticipate changes and take advantage of opportunities.
You can find more information about these workshops at:
Most relationships with European partners so far unaffected by Brexit
During the webinar the audience of over 250 attendees were polled on whether Brexit had already impacted on their relationships with European partners. Interestingly, respondents said it hadn’t as of yet.
50.2% said it had no significant impact, with 25.7% saying no impact at all. Only 10.5% said there had been a negative impact.
However, in other polls run by the Institute, companies have suggested that they are looking to spread their wings beyond the EU.
In the 2017 ‘1 year on from the referendum’ survey, 27% said they expected to be trading with new markets after Brexit, with 31.5% anticipating no change, and 38% saying they’ll be trading with both new markets and the same markets that they are already exporting too.