Brexit Watch: Brink Blown Back, Port Capacity Shouldn’t Be A Problem — Panjiva


Brexit Watch: Brink Blown Back, Port Capacity Shouldn’t Be A Problem

Brexit 70 Corp - Ports 670 European Union 412 Mode - Seaborne 1286 Trade Deals 706 United Kingdom 195

The British Parliament has voted to request an extension to the Brexit negotiating process with 67.1% of votes in favor. Permission from the European Union should be forthcoming at a summit meeting starting Mar. 21 with EU President Donald Tusk likely to request a “long extension” to ensure a resolution to negotiations. A second referendum to abandon Brexit still has a low likelihood, particularly given a whipped, but heavily abstained, parliamentary vote rejected such a concept. In the meantime uncertainty for industrial supply chains continues. Bottlenecks at Britain’...

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