Greg Clark says told Nissan he will emphasize common ground with EU

by SpeedLux
brexit and eu

The British federal government made numerous assurances to Japanese automaker Nissan prior to recent statement it would construct 2 brand-new models in Britain, company minister Greg Clark stated on Monday.

The choice to construct the designs at Britain’s biggest vehicle plant, instead of somewhere else in Europe, was won with exactly what a source referred to as a federal government pledge of additional assistance to counter any loss of competitiveness triggered by Britain leaving the EU.

Clark stated a number of assurances had been essential in protecting Nissan’s financial investment, consisting of efforts to guarantee more of the automobile supply chain lies in Britain, and promoting open market with the EU in upcoming Brexit settlements.

“In our settlements to leave the EU, we will highlight the really strong commonalities that there is, particularly in the automobile sector, between ourselves and other EU member states, in making sure that trade between us can be totally free and unencumbered by obstacles,” he informed parliament.

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