(5 years, 10 months ago)
Commons ChamberConcerns have been raised with me by the road haulage industry about the burden of the extra customs paperwork that will be required in the event of no deal. What estimate has the Department made of the additional time and cost that they will incur in that event?
The businesses in my constituency include many international companies that are headquartered there, such as BASF, which produces chemicals. It wants to ensure it can continue to access EU frameworks such as REACH—the registration, evaluation, authorisation and restriction of chemicals regulations—and the European Chemicals Agency. It faces tens of millions of pounds in costs in the event of a no-deal Brexit, particularly through migrating its EU registration. Does my hon. Friend agree that associate membership of such agencies, for which the withdrawal agreement provides, is vital to the success of these key industries?