UPDATE 1-Time for playing games on Brexit over -German foreign minister


Reuters | Updated: 16-01-2019 13:23 IST | Created: 16-01-2019 13:23 IST
UPDATE 1-Time for playing games on Brexit over -German foreign minister

With the clock ticking ahead of Britain's scheduled exit from the European Union at the end of March, German Foreign Minister Heiko Maas said on Wednesday the "time for playing games" was over after London's rejection of a withdrawal agreement.

Maas said further talks would almost certainly be needed after Britain's parliament voted down the exit deal worked out between London and the bloc over the past two years.

"The time for playing games is over," Maas told Deutschlandfunk radio, adding that the EU would deal "constructively" with any British request to delay the departure date.

German economy minister Peter Altmaier said that the EU would look at any fresh proposals London made, but said the substance of the deal was non-negotiable.

But umbrella groups representing German industry, whose cross-border supply chains stand to be hit by the imposition of a hard customs border between Britain and the continent, were less conciliatory.

Martin Wansleben, head of the German Chambers of Commerce, warned that the political uncertainty now made planning almost impossible and that German companies were already starting to build inventory in preparation.

German auto makers would start asking whether it was worth investing in Britain, he added.

"The House of Commons has missed an opportunity to avert a hard Brexit and lay the foundations for close ties to the EU," said Carl Martin Weicker, head of machine tools association VDMA.

"It is simply irresponsible that the British governing coalition is still trying to reach a unified position 10 weeks before the exit deadline," he added. (Reporting by Tassilo Hummel and Arno Schutze, writing by Thomas Escritt; editing by Thomas Seythal and Jason Neely)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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