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4.8 million euros for adaptation to Brexit

Baden-Württemberg is using 4.8 million euros from the European Union to accept Brexit for a package of measures that will stimulate development in the field of modern wooden construction. This mitigates the negative impact of Brexit on companies in the country.

“The The withdrawal of the United Kingdom from the European Union has brought great challenges to the whole of Europe and it was also clear in Baden-Württemberg. The conversion to one a new partnership with the United Kingdom Designing it was tedious, but at the same time valuable. It is therefore important and sensible that the Member States received support to accept the consequences of the withdrawal of the UK. We in Baden-Württemberg are using a large part of the money received by the European Union (EU) for a package of measures that will stimulate development in the field of modern wooden construction. As part of this portfolio there are eleven model projects, each of which focuses on different building tasks of innovative climate-friendly hybrid timber construction. The individual model projects contribute significantly to the innovative and resource-saving use of wood as a sustainable building material. In addition, they promote research and development projects, facilitate innovation and technology transfer and support the transfer of knowledge and advice,” said the Minister of Food, Rural Areas and Consumer Protection , Peter Hawk.

Baden-Württemberg received a total of 4.8 million euros from the Brexit adjustment reserve established in 2021. For example, the country supported one Contact point for companies. During the Brexit transition phase, companies and workers faced a number of questions and challenges. There was a great need for information, advice and training. The point of contact went along with this move in the best way. After the concrete support, a partnership initiative was launched aimed at long-term cooperation, which was also supported by funds from the reserve. Money from the reserve was also used to support other measures. In particular, the collaboration to maintain university partnerships with the United Kingdom was announced.

“With the help of the Brexit adjustment reserve, small and medium enterprises (SMEs) in the region, planning offices and all. Forestry and Forest Cluster strengthen the British market. The eleven examples of good practice that appeared as part of the measure confirm Baden-Württemberg’s capacity for knowledge and innovation. These demonstration projects, the partnership initiative and other supported measures help to reduce the negative effects of Brexit on Baden-Württemberg companies,” emphasized Minister Hauk.

Combat the negative effects of Brexit

The European Union established a Brexit Adjustment Reserve in 2021 to deal with the negative economic, social, territorial and, where applicable, environmental effects of the withdrawal of the United Kingdom from the Union in the Member States. Regulation (EU) 2021/1755 establishes a Brexit adjustment reserve on October 6, 2021, which was adopted for this purpose, enabling financial support for a wide range of measures.

The Federal Republic of Germany will receive a total of 646.6 million euros from these EU funds, most of which will be used at the federal level. The federal states were able to use funds to a small extent that were to be used by December 31, 2023.

In Baden-Württemberg, the Ministry of Food, Rural Areas and Consumer Protection is coordinating and fully funding the Brexit transition reserve. Ministry of Economic Affairs and Ministry of Science L-Bank and the European Financial Supervision Division of the Regional Financial Directorate (OFD) Karlsruhe involved in implementation.

To ensure the transition and development of a close, long-term economic partnership beyond Brexit, the Ministry of Economic Affairs is available to advise and support companies and workers on all a question

Ministry of Economy, Labor and Tourism: Brexit – reshaping cooperation

2024-08-26 15:23:48
#million #euros #adaptation #Brexit

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