Spanish Agri-Food Industry Awaits Brexit Result
The Spanish fresh produce sector is eagerly awaiting the results of the UK's Brexit referendum.
As reported by efeagro.com, Ignacio López García Asenjo, Director of International Relations at Asaja (Spanish Association of Young Farmers), explained that a vote to the exit would "logically have repercussions" for Spain.
He pointed out that the country is a "good destination" for products such as food, vegetables, wine, oil and meat, and acknowledges that even if the British farmers are in favour of staying in the EU, the sector's vote is not likely to be decisive, since it accounts for less than 1 per cent of the voting population.
José Luis Miguel, from the COAG, said that even if the Brexit was approved, it won't materialise until 2020, so agreements would continue as usual in the short term and the British market would continue with its supply and demand patterns.
It is likely that a new legal framework will need to be created to allow the markets to continue running without new tariffs or restrictions.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Gabriela Guédez. To subscribe to ESM: The European Supermarket Magazine, click here.