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STANDARD & LEGISLATION - UCIF Informs
Brexit: What Effects Will It Have on our Relations with the USA? Marcello Zinno UCIF – Italian Surface Treatment Equipment Manufacturers’ Association, Milan, Italy
info@ucif.net
2020 is the crucial year of Brexit
significant effects, such as those
British trade to and from non-EU
but, at the same time, it is a year
about unskilled workforce, for
countries accounts for 50.9%.
of transition. It is crucial because
example.
Moreover, their common language
Britain’s exit from the European
However, the Brexit issue is
and history will facilitate a further
Union has been formalised earlier
often treated as a theatre whose
rapprochement between these
this year – a decision that will go
stage lies within the borders of
two economic forces. In fact, both
down in history – although many
the European Union: everyone
of them have shown interest in
of the constraints imposed will
is wondering about the balance
signing an agreement that could
be valid as of January 1, 2021.
to be created between the UK
reduce tariffs, remove barriers,
This is a “soft” decision to help all
and the EU in the near future.
and increase market access
interested parties, from individuals
However, we should not forget
possibilities for the two nations.
to companies, to better handle
that Brexit will generate particular
Finally, Prime Minister Johnson’s
its effects. Markets, imports and
consequences worldwide. The
focus is precisely on distancing
exports, movements of people
United States are certainly not
his country from Europe as much
(British and non-British citizens),
a passive player: America is
as possible in terms of regulatory
labour market, European financial
already the UK’s largest trading
standards and legal frameworks:
flows, and so on: many aspects
partner after the EU, with annual
this could be a further push
will change profoundly starting
exchanges totalling over 230
towards creating new economical
from 2021. Already this year, they
billion dollars. Currently, the
and industrial ties with the USA.
are witnessing the integration of
United Kingdom exports 13% of
We should therefore keep our
transition rules that are producing
its production to the USA, whereas
eyes open, even overseas.
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