29 Jun 2016

BREXIT

Statement from Don Cameron – ‘Brexit’

Update: October 2017

How will Brexit affect Cameron Balloons’ customers in Europe?

Some competitors have been trying to spread rumours that Brexit will cause problems for purchasers of Cameron balloons and equipment. The following notice from the World Trade Organisation makes it clear that we do not expect significant problems. There will perhaps be a little more paperwork, but the factory and your Cameron Balloons' Dealer will take care of these. Full certification to EASA standards will continue.

"Agreement on Trade in Civil Aircraft
This plurilateral agreement entered into force on 1 January 1980. There are32 signatories: Albania; Canada; Egypt; the European Union (the following 20 EU member states are also signatories in their own right: Austria; Belgium; Bulgaria; Denmark; Estonia; France; Germany; Greece; Ireland; Italy; Latvia; Lithuania; Luxembourg; Malta; the Netherlands; Portugal; Romania; Spain; Sweden and the United Kingdom); Georgia; Japan; Macao, China; Montenegro; Norway; Switzerland; Chinese Taipei and the United States. Most WTO agreements are multilateral since they are signed by all WTO members. The Agreement on Trade in Civil Aircraft is one of two plurilateral agreements (with the Agreement on Government Procurement being the second) signed by a smaller number of WTO members. It eliminates import duties on all aircraft, other than military aircraft, as well as on all other products covered by the agreement — civil aircraft engines and their parts and components, all components and sub-assemblies of civil aircraft, and flight simulators and their parts and components."


Background
The result of the UK referendum has been announced – the United Kingdom in June 2016 voted to leave the European Union.

Cameron Balloons will still be certifying our balloons with EASA so that we can sell and distribute them within the EU.
This will mean no change for our European customers and dealers and I am sure I can speak for all my colleagues when I say, we at Cameron Balloons Ltd. wish to cooperate and maintain our good relationship with our European friends.

I very much expect that the UK Civil Aviation Authority will still primarily follow European Aviation Safety Agency (EASA) procedures too.

There will be no change in the terms of trade with Cameron Balloons Ltd. in the immediate future.

We will be working for our customers wherever they are based on the globe, as we have done since 1971, for the last 46 years.

The drop in the value of the pound will be a big advantage for our clients based on the Continent, however it should be noted, that we are happy to accept orders in either Euros or Sterling but, as before, once the order is placed and the sales contract signed, we cannot accept any changes.

So from Cameron Balloons, it will be business as usual for some time, and after that, probably not much change.

If you would like to speak to me about this further, please contact our office number +44(0) 117 963 7216

Or contact Nick, Julia, Craig, Simon or Lindsay who can be reached via our office +44(0) 117 963 7216 or
by email sales@cameronballoons.co.uk

Don Cameron
Cameron Balloons Ltd
29.06.16