The EU referendum to affect the Welsh trade


Some of the products sold at Wally's Delicatessen. Photo: CNP

Some of the products sold at Wally’s Delicatessen.
Photo: CNP

The upcoming referendum to decide whether or not the British public wants to remain in the European Union with the new terms negotiated by PM David Cameron, has raised a lot of concerns regarding Britain’s financial relation with the rest of the E.U. in case of a negative result and the problems that may arise.

Wally’s is a delicatessen shop in Cardiff centre founded by a polish immigrant in 1947. Steven Salamon, the owner, is responsible to manage the relations with suppliers and provide clients with a different range of products from Europe and the world. “We are selling products, which are very authentic.This gives us our point of difference. Anyone with an interest in travel, cookery or who come here from a third or second generation of families will be interest in coming here for that authenticity,” he says.

Steven Salamon thinks that at the moment there are problems coming from European legislation, particularly regarding food hygiene. “The problem has been that there just seems there isn’t a uniformity. We have been asked to implement certain regulations, which don’t seem the case if you go to France, or Spain or Italy. We have a lot of problems in interpretation.”

Steven Salamon in his shop in Royal Arcade. Photo: CNP

Steven Salamon in his shop in Royal Arcade.
Photo: CNP

He believes that the uncertainty on whether the UK will stay or leave the EU is of no benefit for businesses, particularly for what this could mean for supplies, bureaucracy and prices. “I think our prices will increase significantly and companies may be penalised for not being in Europe because their cost will go up, increased legislation, increased bureaucracy in dealing with countries which are part of the EU. I think our underline costs will go up a lot.”

According to a recent poll by YouGov, ITV, and Cardiff University, 45% of the Welsh people want to leave the European Union, while 37% want to stay in. Different cross-party campaigns have been set up to support or vote against the agreement, for example, Grassroots Out and Britain Stronger in Europe.

David Cameron has chosen Wales to kick off his campaign to promote the deal he made with other European states. A referendum will be held on July 23rd to decide on the UK’s EU membership status.

Visiting the GE plant in Nantgarw, South Wales, the Prime Minister has said that there are 100,000 jobs in Wales that are in some way dependent on European trade, which is vital for the nation.

The Prime Minister has also said that “above all Wales benefits from being part of the United Kingdom that is in the single market for trade, for investments, for jobs.”

Trade with the EU amounted to 50% of the exports and 42% of the imports of Wales in the period between 2014 and 2015, according to the statistics published by HM Revenue & Customs. “Don’t risk the uncertainty. Don’t take a leap in the dark,” David Cameron has warned.

This entry was posted in News and tagged , , . Bookmark the permalink.