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Obama: US-UK Trade Deals to Take Decade to Complete in Case of Brexit

Obama warned Britain on Saturday that it could take years for London to negotiate trade agreements with Washington if it dropped out of the European Union.

U.S. President Barack Obama speaks during a news conference British Prime Minister David Cameron following their meeting at 10 Downing Street in London, Britain April 22, 2016 - Sputnik International
Obama Says Comments on Brexit Not Intended to Impact Vote Outcome
MOSCOW (Sputnik) — US President Barack Obama warned Britain on Saturday that it could take years for London to negotiate trade agreements with Washington if it dropped out of the European Union, in an interview with BBC.

"It could be five years from now, 10 years from now before we were able to actually get something done," Obama told the UK public broadcaster.

Obama, who is in Britain for a state visit, said earlier that a British exit from the 28-nation bloc would put the United Kingdom at the back of the line in trade talks with the United States.

The United Kingdom is scheduled to vote on June 23 on whether it should stay or quit the European Union amid concerns that London has given too much control over its economy and borders to Brussels.

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