Tuesday, June 11, 2013

Britain will be the EU's largest trading partner when we get out.

A new Briefing note from Global Britain, Number 86, looks at the data from 2012 and confirms yet again that when we leave the EU; the UK will be the €urozone’s biggest trading partner, in terms of both imports and exports.   
 And the €urozone has a very large trade surplus vis-à-vis the UK, at €63 billion.
 Often people ask “What will happen to our trade if we leave the EU?”.  
These figures give the answer.  
Even if the EU wanted to “punish” us for leaving, WTO rules would prevent them from doing so.  But they wouldn’t want to, because we are critical to their trade, and they won’t want to damage it.
Roger Helmer MEP

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