01:20 GMT21 October 2020
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    Britain Says 'Cheerio' to EU (463)
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    Britons' decision to leave the EU is unlikely to significantly change the UK's trade relations, Alan Thompson, director of the Russo-British Chamber of Commerce, told Sputnik.

    MOSCOW (Sputnik) — The United Kingdom's decision to leave the European Union might bring no significant changes to the country's trade relations, including in regard to such trade agreements as the Transatlantic Trade and Investment Partnership (TTIP), Alan Thompson, director of the Russo-British Chamber of Commerce, told Sputnik.

    "The economic make-up of how the UK trades with partners outside should not change very much. I expect and believe that the economy is the driver of politics… There are trade agreements that are being discussed now, like TTIP… I think it will be in the interests of the new leader to maintain trade as it stands today, or as it has stood until the start of this year," Thompson said.

    On Friday, US Trade Representative Michael Froman said that the United States was studying the impact of UK voters’ decision to exit the European Union on TTIP.

    US Congressman Carlos Curbelo told Sputnik last week that the United States should include the United Kingdom in the TTIP deal with the European Union despite the recent decide to leave the bloc.

    The TTIP free trade agreement, which has been negotiated since 2013, involves the creation of a free trade zone between European Union and the United States. Canada, Mexico, Switzerland, Liechtenstein, Norway and Iceland are also due to participate in the TTIP deal.

    On Thursday, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

    Britain Says 'Cheerio' to EU (463)


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