BERLIN, July 23, 2019 /PRNewswire/ -- Reacting to the
decision of the British Conservative Party to appoint Boris Johnson as party leader, BDI Director
General Joachim Lang says that,
"Threats from London are harmful
and will come back like a boomerang."
"The economy urgently needs a UK government that makes feasible
decisions. Threats from London
that the United Kingdom could
leave the EU without an agreement are harmful and will come back
like a boomerang. They increase the damage already suffered in the
economy.
"The future prime minister must work for an orderly transition.
The withdrawal agreement must not be renegotiated. It stands for
the least possible friction in trade, stability at the external
borders and for security in workers' issues.
"One thing must be clear: the parameters for all participants
will worsen after Brexit. If the future government in London is setting the wrong course now,
serious damage to trade and investments on the island can occur
very quickly.
"The risk of a hard Brexit remains very high. Even if it is
painful for companies, a sound preparation remains the order of the
day. This is the only way to keep the consequences in check."
The Federation of German Industries (BDI) is the umbrella
organization of German industry and industry-related services. It
speaks for 39 trade associations and more than 100,000 enterprises
with around 8 million employees in Germany and 3.5 million employees in other
countries. Membership is voluntary.
The Federation
of German Industries
Member association of
BUSINESSEUROPE
Contact numbers
T: +49(0)30-2028-1479
F: +49(0)30-2028-2479
Website
www.bdi.eu
Email
Presse@bdi.eu