A leading driver and strong advocate for European Businesses in Korea
Brexit and ECCK: Providing Advocacy Service to British Companies
Brexit and ECCK: Continuation of Providing Advocacy Service to British Companies
On September 10, 2018, the EU Chief Negotiator, Michel Barnier, said “if both sides are realistic there could be an agreement on the terms of the UK’s exit by early November [2018]”. This agreement would only define certain procedures between the European Union and the United Kingdom following the Brexit which is due on March 29, 2019.
The ECCK is an organization providing advocacy services to European companies. A European company in this respect is defined broadly as any company founded and headquartered in a member state of the European Union (EU) or the European Free Trade Association (EFTA). However, after the UK’s scheduled departure from the EU next year, British companies would not be subject to ECCK’s advocacy services anymore. This cannot be of any interest – neither for British companies nor for the ECCK. Our British members are important and valuable contributors to the Chamber’s advocacy work. Thus, the ECCK will continue serving those companies even after the Brexit in 2019.
The ECCK and the British Chamber of Commerce in Korea (BCCK) has confirmed that advocacy activities of both chambers are complementary and that cooperation between the ECCK and BCCK will increase to better serve the needs of the British companies’ interests. In order to do so, the ECCK will propose an amendment of its Articles of Association at the Annual General Meeting to include the UK as an area of the ECCK advocacy coverage.
Brexit and ECCK: Providing Advocacy Service to British Companies
Brexit and ECCK: Continuation of Providing Advocacy Service to British Companies
On September 10, 2018, the EU Chief Negotiator, Michel Barnier, said “if both sides are realistic there could be an agreement on the terms of the UK’s exit by early November [2018]”. This agreement would only define certain procedures between the European Union and the United Kingdom following the Brexit which is due on March 29, 2019.
The ECCK is an organization providing advocacy services to European companies. A European company in this respect is defined broadly as any company founded and headquartered in a member state of the European Union (EU) or the European Free Trade Association (EFTA). However, after the UK’s scheduled departure from the EU next year, British companies would not be subject to ECCK’s advocacy services anymore. This cannot be of any interest – neither for British companies nor for the ECCK. Our British members are important and valuable contributors to the Chamber’s advocacy work. Thus, the ECCK will continue serving those companies even after the Brexit in 2019.