EURACTIV: French businesses prepare for no-deal Brexit

With the fateful date fast approaching, the France’s Ministry of Economy and Finance is encouraging French businesses to prepare for a no-deal Brexit. EURACTIV France reports.

“Whatever happens, there will be changes. We therefore have to prepare for every scenario, including no-deal,” civil servants at the French Ministry of Economy and Finance said prior to a meeting between Minister of State Agnès Pannier-Runacher and business representatives on Tuesday (23 October).

In a document given to business owners, the Ministry of Economy and Finance reminded them that in all cases the United Kingdom will become a third country from 30 March 2019.

The document advises that French businesses carry out a three-step self-diagnosis in order to prepare. This consists of analysing the consequences of Brexit on their business, identifying measures to be taken and preparing with their subcontractors in advance.

Finally, the document urges them to implement these measures as soon as possible.

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