Brexit likely to put 250 bn trade at risk
The Dollar Business Bureau The withdrawal of the United Kingdom from the European Union (EU) often called as Brexit (Britain’s exit) is likely to put £250 billion ($362 billion) of trade in risk according to market experts from Europe. As per a lobby group Britain Stronger in Europe (BSIE) this would affect the trade with EU members, and with other 50 countries that have FTAs with the EU. The BSIE has calculated the trade amount that could be lost if the UK moves to World Trade Organisation laws. Former British chancellor of the exchequer Alistair Darling said that those who want to leave the EU, are pulling Britain out of the EU. This may result in bringing new tariffs and hurdles to ...
