“We cannot wait”: Panasonic is moving its EU headquarters to Amsterdam ahead of Brexit” tells us Panasonic Europe’s CEO Laurent Abadie. We have been studying this for almost one year, and evaluating everything, and then we decided a few months ago to move forward. He added that the company had examined potential tax issues, as well as its ability to move goods and capital, before deciding that it had to move.
Abadie added that, for many Japanese companies, the UK has long served as an entry door to the European market. “After Brexit, the UK cannot be the entry door to Europe any more, that’s a fact.” (Quarz)
More details from:
Shinzo Abe and David Cameron (Picture – AFP)
“The UK would be “less attractive” to Japanese investors if it votes to leave the European Union, Japan’s prime minister has said. Shinzo Abe said Japan’s business sector saw the UK as a “gateway” to Europe. Japan would rather negotiate a trade deal with the EU as a block, rather than with “individual states” in Europe. The UK will go to the polls in a referendum on its EU membership on 23 June.” (BBC News)
UK leaving the EU would probably mean increased Japanese (and US) investments in Continental Europe in the future. Is it really what UK citizens want? What do you think about this EU Referendum in UK?
Read more from: http://www.bbc.com/news/uk-politics-eu-referendum-36215146