UK BREXIT VOTE SPARKS REGULATORY AND MARKET ACCESS UNCERTAINTY FOR FOOD AND DRINKS COMPANIES
June 1st, 2016
THE UK’s vote yesterday (June 23) to quit the European Union (EU) creates deep uncertainty over the shape of future food and drink regulations in Britain. The same applies to market access for companies operating from Britain or seeking to export to its consumers.
Victory by the ‘Leave’ side in Britain’s in-out referendum enables the UK government to kick off an exit process by invoking Article 50 in the Treaty on European Union, which gives notice that member state wishes to leave.
Short of the government collapsing in a no-confidence vote triggering a ...
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