/ What does Brexit mean for your business?
Brexit and the UK's future relationship with the EU have been - and still are - subject to considerable uncertainty. For business and public administration, stability and predictability are important. Business Region Kristiansand wants to contribute to making relevant information visible:
On March 15, the Norwegian Parliament gave the government broad powers to deal with a scenario where the UK leaves the EU without a deal - a so-called "hard Brexit". In such an event, the government has negotiated agreements that secure rights for around 20 000 Norwegians in the UK and 15 000 Britons in Norway. On the same date, Foreign Minister Ine Eriksen Søreide briefed the Storting on the aviation agreement reached to ensure the continuation of current air traffic, a road transport agreement ensuring market access for freight and passenger transport, and an exchange of letters with mutual political declarations on maritime transport issues. For agreements on fisheries management and trade in goods, technical and legal review remains before they can be initialed (Aftenposten, March 15, 2019). Read more here.
How should businesses prepare for Brexit? NHO has prepared a guide for its members, initially for a "worst case scenario" where there is no agreement between the EU and the UK on March 30, 2019 (NHO November 2, 2018). Read more here.
The way the UK leaves the EU, the final long-term outcome and the transitional arrangements chosen will also have implications for third countries such as Norway. This paper looks at the British Brexit process and the implications of Brexit for Norway and Norwegian business (Civita, December 20, 2018). Read more here.
