Tuesday 23 July 2019

Just one in five Dutch firms are ready for Brexit, ministry says

Just one in five Dutch companies are taking action to prepare themselves for Brexit, according to research carried out by the foreign affairs ministry.

That is ‘absolutely not enough’, trade minister Sigrid Kaag said in a reaction. ‘Brexit on march 29 is getting closer and all scenarios are possible, even the very worst.’

Companies should make sure they are aware of the risks to their operations, the minister said. ‘Even if you don’t do business with Britain, Brexit could affect you,’ she said. The foreign affairs ministry has set up a special ‘Brexit counter’ to answer questions from companies.

Almost four in five of the companies polled said they thought the impact of Brexit would be okay.

The survey also showed 22% of the 100,000 Dutch nationals in Britain are actively preparing for Brexit. However the survey did not look at British nationals in the Netherlands.

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