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…) ]

Lift this up in Prayer

17

people are currently praying.

Latest Worthy News

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.

Books by George Whitten

The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com

An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.

Buy on Amazon

The Eternal Kingdom Revealed https://eternalkingdomrevealed.com

The Eternal Kingdom Revealed traces the Kingdom of God as the central story of Scripture, from before creation to the restoration of all things.

Buy on Amazon

As an Amazon Associate I earn from qualifying purchases.