Survey: Business wants improvements to EU agreement with UK
Ten years after the Brexit referendum, companies are hoping for trade facilitation with Great Britain. Mobility and border procedures are at the top of the wish list.
Many German and British companies are hoping for improvements in trade relations between the EU and the UK as the Trade and Cooperation Agreement (TCA) is reviewed. A survey by KPMG and the British Chamber of Commerce in Germany found that 71% of companies want better trade relations with the UK government, while 73% want less bureaucracy from the German government.
The TCA, which has been in effect since 2021, is reviewed every five years, and the next review is a key opportunity for companies to push for changes. The survey also found that companies want more mobility for business travelers and employees, efficient customs and border procedures, and mutual recognition of product standards.
The UK's trade with the EU has declined, with trade volumes down 7% to €118.4 billion in 2025 compared to 2015.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
