G7 Leaders Warn Global Growth Threatened by Potential Brexit

© Flickr / Paul LloydSign supporting a British exit from the EU
Sign supporting a British exit from the EU - Sputnik International
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Global economic growth remains moderate and uneven and would suffer if the United Kingdom leaves the European Union, G7 leaders warned in a joint Friday declaration.

ISE-SHIMA (Japan), (Sputnik) – On June 23, residents of England, Wales, Scotland and Northern Ireland, will vote for or against the United Kingdom remaining in the European Union.

Scottish lawmakers at the new Scottish Parliament building, in Edinburgh. (File) - Sputnik International
Leaders of Scottish Parliament Back UK Remaining in EU

"Global growth remains moderate and below potential, while risks of weak growth persist. Escalated geo-political conflicts, terrorism and refugee flows complicate the global economic environment," the G7 leaders said.

They reiterated their commitment to use all policy tools to strengthen global demand and address supply constraints, but warned that certain factors, such as Brexit (UK leaving the EU) would have a serious impact on the world economy.

"A UK exit from the EU would reverse the trend towards greater global trade and investment, and the jobs they create, and is a further serious risk to growth," the G7 leaders explained.

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