German companies will reconsider their exchange hyperlinks to the UK if there is no readability on a brexit deal by means of march, the u . S . A .'s business lobby has warned.
Joachim lang, head of the powerful bdi, informed the bbc there has been "a certain urgency" for corporations that do commercial enterprise in britain.
After assembly with the United Kingdom authorities, he said firms might need a yr to brace for a "no deal" scenario.
The bdi currently requested its members to prepare for a "very tough brexit".
"we cannot wait till march 2019, it truly is apparent," mr lang stated, relating to the date on which britain is due to leave the eu union.
"you want to be organized, otherwise the damage can be an awful lot bigger, and in these contingency, plans, one year in advance - this is pretty regular, so we need selections through march 2018."
"in sure sectors the harm is already near", he added, singling out german manufacturers that supply important components from the UK.
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Britain imports extra goods from germany than every other usa, and exports extra to germany than some other ecu nation.
Brexit 'headaches'
Mr lang, who met with top minister theresa can also final month, stated the complexity of britain's withdrawal from the ecu become "probably larger than some humans count on it to be".
"if you take a look at 20,000 legal acts that the United Kingdom goes to depart, 750 international agreements so one can be now not legitimate - this is inflicting a number of headaches throughout europe and it need to also cause this headache [in the UK]," he stated.
"the longer [the negotiations take], the closer politics involves truth in commercial enterprise.Although a few german business sectors have reportedly visible exports to britain drop due to the uncertainty surrounding brexit, mr lang careworn the country's business community "completely supported" the way negotiations had been being dealt with with the aid of ecu representatives in brussels.
"i have simply come from a assembly with the ceos of german companies and we're very a good deal aligned - it's miles one path," he stated.
Mr lang reiterated the bdi's long-held role that the european's so-referred to as "four freedoms" - the proper to move items, capital, labour and offerings around member states - had been inseparable, and could not be compromised in pursuit of a brexit deal.
"this can not happen, and it's a totally romantic concept that it is able to manifest, because the eu27 at the end is more essential than simply one single united states of america, even supposing it's far the UK," he said.
"there's no doubt that we regret the decision of the UK to leave the european union. We all need to do enterprise, and we want to head on doing business."
But, mr lang recommended that "if it is the will to leave the european union, we want to lessen the damages that can be resulting from the brexit on both aspects of the channel".
