14:36 GMT18 June 2021
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    Britain Says 'Cheerio' to EU (463)
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    Economic uncertainty is unavoidable in the near future following the UK referendum to exit the European Union, US Chamber of Commerce president and CEO Thomas Donohue said in a statement on Friday.

    WASHINGTON (Sputnik) — The United States will closely work with its partners in the United Kingdom and the European Union to safeguard the world’s economic stability, Secretary Jack Lew said in a statement on Friday.

    “The people of the United Kingdom have spoken and we respect their decision,” Lew said. “We will work closely with both London and Brussels and our international partners to ensure continued economic stability, security, and prosperity in Europe and beyond.”

    "While some uncertainty is unavoidable in the near term, the first order of business will be to reassure investors about those choices and avoid precipitous action in the coming negotiations with the EU," Donohue stated.

    The United Kingdom needs to redouble its dedication to free trade following the country’s decision to exit the European Union, US Chamber of Commerce President and CEO Thomas Donohue said in a statement on Friday.

    "Britain has a proud history of leadership in free enterprise and free trade and as a leader of the Atlantic Alliance," Donohue stated. "Redoubling this commitment to openness in trade and investment, prudent but not overbearing regulation, and close cooperation with friends and allies abroad will be essential in the months ahead."

    Donohue added that the Chamber of Commerce is committed to working with the United Kingdom to make sure that the priorities of US stakeholders are taken into account.

    The US Chamber of Commerce is committed to working with the United Kingdom to ensure US companies' investments in Britain are taken into account following the decision by UK voters to exit the European Union, US Chamber of Commerce President and CEO Thomas Donohue said in a statement on Friday.

    US companies’ investments in the United Kingdom are worth more than half a trillion dollars, and Donohue explained that many of the investments were made with the intention of reaching EU consumers as well as those in Britain.

    "We are committed to working with the UK government to ensure that the priorities of these stakeholders are taken into account in the debates that lie ahead," Donohue stated.

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    Britain Says 'Cheerio' to EU (463)
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    American Chamber of Commerce (AmCham), US, Britain
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