Industrial products advisory body EURIS has welcomed Theresa May’s commitment to a Brexit implementation period but believes that product regulation needs a 5 year transfer time.
The taskforce, of which CESA is a member, also praised the Prime Minister’s assertion than a transition period is “crucial to our future success”.
EURIS believes that a 5-year transition period for the full implementation of Brexit is necessary to minimise economic disruption to UK manufacturing companies as they adjust to life outside the EU.
This extended period beyond March 2019 would allow industry to keep existing EU customers and give manufacturers time to develop new relationships and solutions with respect to the comprehensive and complex nature of European legislation and related standards, according to the taskforce.
EURIS vice-chairman Steve Brambley said: “A 5-year implementation period for Brexit is vital for the industrial product supply industry, as the sector, which represents around 25% of the UK manufacturing industry, operates in long-term, multi-stage cycles for both regulation and product design.
“A 5-year implementation period is essential to enable our industry to place products on the market and remain competitive.”