Brexit

A webinar, “deciphering the Brexit deal for business’”, scheduled for the 18th February 2021, will see UK and EU professionals discuss corporate experiences and overall market sentiment since the beginning of the year following the conclusion of the EU–UK Trade and Cooperation Agreement. 

HSBC Bank Malta is supporting the webinar, organised by the Malta Chamber, in collaboration with the Government of Malta, the Customs Department and the Enterprise Europe Network. 

Shanella Rajanayagam, trade economist at HSBC Holdings, who will be one of the speakers at the event, said, “the post-Brexit business world will come with trade opportunities, as well as risks. 

“My presentation will focus on the opportunities and challenges for businesses navigating the post-Brexit trade environment. It will explore the implications of the new EU-UK trade deal, trade policy priorities for the United Kingdom, and international trade prospects.” 

Ms Rajanayagam will be joined by EU and international trade specialist Jan Micallef, who will also be delivering a presentation to delegates.

Joyce Grech, Head of Commercial Banking at HSBC Malta, said, “throughout the past year HSBC has collaborated closely with The Malta Chamber to organise several online events designed to help the business community navigate these very challenging times. 

“As the COVID pandemic continues, Brexit has created yet more uncertainty, especially as the Trade and Cooperation Agreement comes with more complexity than a traditional free trade agreement and covers several areas. 

“I am certain that this webinar will prove useful in helping to share experiences and better understand what the United Kingdom’s departure from the European Union really means in terms of common rules, supervision, and enforcement mechanisms.”

The webinar will likely be useful for Maltese business owners facing confusion over the impact of Brexit on their business, including those involved in the used automotive industry, which risks losing its competitive edge over Brexit.

Also available to said businesses, is a Brexit advice website launched by Malta Enterprise.

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