EU withdrawal without agreement "Loss of 16 billion dollars in the UK" UN September 4th 4:34
As the UK's EU-European withdrawal deadline is approaching the end of next month, UNCTAD = United Nations Trade and Development Conference will export at least 16 billion dollars to the EU if it leaves without agreement with the EU. Announced an estimate of loss of 1.7 trillion yen).
The United Nations Trade and Development Conference in Geneva, Switzerland, on the 3rd, the British Prime Minister Johnson in the United Kingdom stressed the idea of leaving without an agreement with the EU by the end of next month. Announced economic loss estimates.
According to it, if it leaves without agreement, the UK will incur losses of at least 16 billion dollars (1.7 trillion yen in Japanese yen) in exports to the EU.
The largest impact is on automobile exports at $ 5 billion (¥ 530.0 billion in Japanese yen), followed by $ 2 billion at clothing and textile products (¥ 210 billion in Japanese yen).
The EU has about 40 trade agreements with countries around the world, and the UK is rushing to conclude trade agreements between the two countries in preparation for their departure, but many countries are still negotiating.
In this estimate, the impact is further widened as “border management is strengthened and the network between the UK and the EU is confused.” Shows concern for the economy.