Eurotunnel withdraws suit after $43m Brexit deal

block

AP, London :
Eurotunnel struck a 33 million-pound ($43 million) agreement Friday with the British government to ensure that vital medicine and other critical goods keep flowing to the country in the event Britain crashes out of the European Union without a deal.
As part of the arrangement, the company withdrew its lawsuit against the government over a claim of being unfairly excluded from bidding for contracts being offered to run ferry services after leaving EU.
“While it is disappointing that Eurotunnel chose to take legal action on contracts in place to ensure the smooth supply of vital medicines, I am pleased that this agreement will ensure the Channel Tunnel is ready for a post-Brexit world,” Transport Secretary Chris Grayling said.

block