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Nissan chief issues warning on EU membership

Nissan’s second in command has warned against the UK leaving the European Union.

Nissan’s chief operating officer, Toshiyuki Shiga, has said the firm believes Britain’s continued membership of the EU is “very important”.

It is the latest sign that Nissan’s 6,100-strong Wearside workforce will play a role in the expected referendum on EU membership.

While some Conservatives and the United Kingdom Independence Party has said the UK can survive outside of the Union, the Liberal Democrats and Labour have warned of the jobs which could be placed at risk.

Speaking from the company’s Japan HQ, Mr Shiga said: “The UK is part of the European Union, [that] is very important. From the foreign investor point of view I hope that the UK will remain as an EU member.

“If the UK – after departing from the EU – is making unique regulations, unique standards, this would become an obstacle. If the EU side [put] import duty from the UK, that would be a big obstacle.”
More thejournal.co.uk

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