|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

UK’s Dover Port Would Lose €1.1 Billion a Week in No-Deal Brexit

MANCHESTER, England – The United Kingdom’s Port of Dover could see a reduction in commercial traffic by around 1.1 billion euros a week if the country leaves the European Union without an agreement.

Doug Bannister, director of the port in southeast England, warned on Tuesday: “That’s how critical it is.

“If there’s a no-deal Brexit, it’s not going to be OK.

“But people are doing all they can to ensure Britain keeps trading.”

Transport Minister George Freeman, speaking at the Conservative Party conference in Manchester, said that government estimates on a no-deal Brexit have predicted that traffic in Dover could be cut in half for about three months.

James Hookham, deputy chief executive of the Freight Transport Association, said that an abrupt break with the EU would result in changes in what people might expect to see in stores.

He added that the importation of fresh products into the UK from the rest of the European continent could be reduced.

He also advanced that his association has scheduled 140 training sessions so that carriers know the type of bureaucratic procedures that they should begin to complete in case of an unplanned Brexit.

The FTA has recommended that carriers inform themselves about the possibility of contracting additional insurance for perishable products, given that possible delays at the borders could cause their merchandise to end up in poor condition.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2020 © All rights reserved