02:39 GMT +314 October 2019
Listen Live
    German Foreign Minister Frank-Walter Steinmeier.

    UK’s Access to EU Market to Be Hampered After Brexit – German FM

    © Sputnik / Alexander Vilf
    Get short URL

    Britain’s access to the EU single market will be hampered after it leaves the bloc, German Foreign Minister Frank-Walter Steinmeier said.

    BERLIN (Sputnik) – According to Steinmeir, in case the United Kingdom does not implement clearly defined "response efforts" to be set out by the bloc, it will be denied full access to the EU internal market.

    "The status outside the EU will be very different from full membership. The United Kingdom, after leaving [the bloc] will become a third and will be able to access the European single market only through negotiated agreements," the minister said, as quoted by the Spiegel newspaper.

    On June 23, 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.

    Prime Minister David Cameron, who headed the Remain campaign and announced his resignation following defeat, said that the next UK government would have to make significant effort to gain access to the EU single market.


    Gazprom Share on European Gas Market to Continue Growing
    Russian Economy Least Exposed to Brexit Risks in Eastern Europe - S&P
    UK Registers Fivefold Increase in Hate Crimes After Brexit Vote
    European Union, market, Brexit, Frank-Walter Steinmeier, United Kingdom
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik