In the UK, the Prime Minister David Cameron is expected to hold an EU Referendum by the end of 2017, with some, including David Lidington, the Europe minister, believing it could be as early May 2016 as UK-Brussels dialogue appears to be picking up pace.
Decided by millions of UK voters, the single question "Do you want the UK to be part of the European Union?" clearly has potential connotations for British businesses and overall trade relations with the continent, although to what degree, no one really knows just yet.
Indeed, even though we are at least 12 months away from the EU Referendum, and despite many believing that Britain will remain part of the EU after the referendum, several large companies have already began to look at the risk that Britain's departure from the EU could impart on their organisations. On the flip side, several business leaders have stated that Britain can "go it alone", and trade would not be affected.