British Coatings Federation Welcomes Government’s Plans for Export Strategy
The British Government recently announced its plans for implementing its export strategy in post-Brexit Britain, which was welcomed in the traditionally strong exporting industry of coatings.
The BCF supports the ambition to raise exports as a proportion of Britain’s GDP from 30 percent to 35 percent, however, there needs to be some substance behind the headlines.
“Exporting is important to our members, with three out of five BCF members exporting successfully today, and the UK being a net exporter of coatings and printing inks,” BCF CEO Tom Bowtell said. “However, amidst the uncertainty surrounding Brexit, the exporting performance of the coatings industry has deteriorated, with year to date export volumes down by six percent. It is critical for the coatings and wider chemicals industry that we see a positive Brexit outcome and continued membership of the European Chemicals Agency (ECHA), to create an environment where our members can trade freely. This has to be part of any export strategy for our sector.”
Disclaimer: Echemi reserves the right of final explanation and revision for all the information.