U.K. Faces Hurdles on Path to a Free-Trade Era


(Worthy News) – British leaders envision a free-trade bonanza from Brexit. But they face some thorny challenges in just keeping the global trade benefits Britain already enjoys as a European Union member.

The EU has dozens of regional or bilateral free-trade agreements covering more than 60 countries. These stretch from broad, stand-alone deals with large economies like South Korea to looser partnerships with smaller neighbors, including Tunisia and Algeria.

Keeping most of these pacts alive after Britain leaves the EU in March 2019 is a strategic goal for the U.K., which has put expanding global trade at the center of its post-EU economic plan.

It is also important economically. Around 13% of U.K. trade is with countries covered by an EU trade deal, including 10 of the U.K.’s top 50 export markets. More than 40% is with the EU. Other big partners such as Canada and Japan are subject to accords with the EU that Brussels is implementing or finishing. [ Source: Wall St. Journal (Read More…) ]

17
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Russia and China Move Ahead With Power of Siberia-2 Pipeline, But Beijing Holds the Cards
Xi Jinping Pushes for New Global Order at SCO Summit Alongside Putin and Modi
Federal Judge Rules Trump Violated Posse Comitatus Act in California Troop Deployment
Indonesian Diplomat Shot Dead in Peru as Protests at Home Leave 10 Dead
Xi, Putin, Modi Unite Against West At Shanghai Summit; Erdogan Urges Ukraine Peace
Iran Arrests 53 Christians On Espionage Charges; Rights Groups Call It Persecution
Maduro Threatens Armed Resistance as U.S. Expands Naval Deployment in Caribbean
U.S. Approves $825 Million Missile Sale to Ukraine Amid Intensified Russian Strikes
Coast Guard Announces Largest Drug Seizure in U.S. History
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News