The Chamber of Commerce network spans the globe, Alongside the 52 accredited Chambers of Commerce in the UK, we have networks that reach across Europe and throughout the rest of the world.
We wanted to understand how European Chambers of Commerce, business groups and institutions view Britain's EU Referendum decision.
Here's what they said:
David Folkerts-Landau, Deutsche Bank chief economist
“What victory for Leave means for Britain is debatable. But Europe without its brightest star will certainly be a darker place. This result was avoidable. Britain going it alone mirrors a wider distrust in the European project, which is a manifestation of weak economic growth. Had reforms begun earlier, and if ever-looser monetary policy hadn’t made it easy to avoid difficult decisions, the European Union would be more prosperous and attractive to voters today. "Britain and Europe still need each other. Brussels should therefore resist any pressure to inflict punitive measures on Britain as a warning to other member states. This must be the most amicable of divorces, with each side cooperating maturely and without rancor. Britain needs a strong and vibrant Europe, to which 45 per cent of its exports end up. Europe needs Britain’s creativity and worldliness. Both need each other for their long term security, too.”
Clemens Fuest, President of economic research institute ifo, Munich
"The decision by British voters in favour of a Brexit marks the defeat of common sense. Politics now has to do everything it can to limit the damages. That means ensuring that Britain remains integrated in the internal market as far as possible. Negotiations to that end should be concluded very quickly, so that the phase of uncertainty over future economic relations remains as short as possible."
Dr Ulrich Hoppe, Director General - German-British Chamber of Industry & Commerce
"The EU Referendum result, which gave the Leave campaign a majority of 52%, has been received with dismay by many in the business community, as it is now completely uncertain how the framework for economic cooperation between the UK and the EU will develop. "Nevertheless, it is paramount to keep level-headed and cooperate with each other, in order to keep the economic and political effects on the United Kingdom and the European Union under control. After all, be they inside or outside the EU, when it comes to most economic and political issues, all Europeans continue to be in the same boat. "For companies involved in European trade nothing will change in the short-term because the regulatory framework will remain the same until Britain has concluded the formal negotiations to leave the EU. "In the upcoming transition period and beyond, the German-British Chamber of Industry & Commerce will continue to support British and German companies to successfully do business with each other and we are confident that future commercial opportunities will continue to arise for businesses from both countries."
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