Trade links will remain strong despite Brexit

Also speaking at Tuesday's event, the BCC's National Director for Spain, Eva Prada, sought to allay fears for the future of trade between Britain and Spain in the era of Brexit. She assured attendees that the chamber would do all it could to protect international business interests by holding discussions with both governments.

She also highlighted that it was in the best interests of both nations to retain strong economic and diplomatic ties. In her opinion, Britain should do all it can to avoid a hard Brexit, which would be “disastrous” for bilateral trade. This trade was worth 46 billion euros in 2015.

Prada was also optimistic that the governments of both nations would negotiate diplomatically, rather than taking reactionary approaches. She said that she was reassured by the agreement on the rights of EU citizens living in the UK and British citizens in the EU. Previously, there were concerns that these individuals would have been given a second-rate “settled status” or used as bargaining chips in negotiations.

However, she warned that it was impossible to predict how events would unfold between now and March 29, 2019.