Economic Report Dutch version
We foresee twee realistically possible outcomes: a bilateral free trade agreement or no agreement. In both of the scenarios, Dutch companies doing business with the UK will face increased barriers to trade.
Theresa May wanted to exploit her enormous lead in the polls to strengthen her Brexit mandate, but this gamble has now backfired. The Conservatives lost their majority in the House of Commons, an arrangement with DUP is now a plausible scenario.
Brexit has officially started since British Prime Minister Theresa May invoked Article 50 of the Treaty of Lisbon. The negotiations will be complex, difficult and time consuming and we foresee various roadblocks in the Brexit process.
We take a closer look at the key points in Theresa May’s long-awaited speech about the Brexit-plan. Although it has brought clarity as to where the Prime Minister stands, we see large hurdles when it comes to the execution of this plan.