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What awaits businesses in life after Brexit


The outcome of the Brexit referendum vote in 2016 created an ambiguous scenario among both internationally-exposed and small domestic businesses. Since then, businesses have intensively analysed the opportunities and threats to arise from this agreement.
‘The Brexit Impact on Business’ was the title of the latest webinar hosted by The Gozo Business Chamber and The Europe Direct Information Centre Gozo in collaboration with Bank of Valletta, and supported by the Ministry for Gozo NGO Assistance Scheme, a funding programme for Voluntary Organisations on the island of Gozo.
Joseph Borg, president of the Gozo Business Chamber, opened the webinar by stating that Brexit is an exhausting situation for all businesses due to its significant impact on the economy. “It’s like taking an important component out of a machine. Brexit is practically removing a critical cog out of the EU machine, thereafter changing the trading dynamics between EU members,” Borg said. ....

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