France’s “Red Tape” Costs Of Brexit

Together with Clifford Chance, we estimate the direct “red tape” cost of a Brexit where the UK and EU27 revert to a WTO trading relationship as €4 billion per year for French companies, making France the third most affected country after the UK and Germany.

In France, the largest additional costs will be incurred by just six sectors: agriculture, food, and drink (including cheeses and wines); consumer goods (including perfumes and beauty products); automotive; chemical; aerospace; and industrial goods.

For those businesses particularly exposed to Brexit-related risks (such as SMEs and those with long and complex supply chains) it will be critical to begin mapping their vulnerabilities and plan mitigating actions.

For full context, scope, methodology, definitions, and footnotes please read the full report.

France’s “Red Tape” Costs Of Brexit

DOWNLOAD PDF Download French PDF