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“Brexit is not a trainwreck, but a missed opportunity for the United Kingdom”

2024-01-19T16:45:55.018Z

Highlights: “Brexit is not a trainwreck, but a missed opportunity for the United Kingdom’s economy, says former diplomat François-Joseph Schichan. European economies have responded differently to the successive shocks of the pandemic, the war in Ukraine and the intensification of global economic competition. Undoubtedly, the UK's exit from the European Union has an economic cost. The type of relationship negotiated between London and Brussels following the referendum introduces trade frictions which affect certain sectors. This economic cost is that of the structural change in the British economy which results… This article is reserved for subscribers. You have 83% left to discover.


TRIBUNE - The negative economic indicators in the United Kingdom cannot be attributed solely to the decision to leave the European Union, believes former diplomat François-Joseph Schichan.


François-Joseph Schichan

is a consultant in geopolitics and European affairs at the consultancy firm Flint Global.

The United Kingdom, like the entire European continent, is going through difficult economic times which cannot be attributed solely to the consequences of Brexit.

European economies have responded differently to the successive shocks of the pandemic, the war in Ukraine and the intensification of global economic competition.

Many politicians and commentators are making the too easy choice of using negative economic indicators to invalidate the democratic choice of Brexit which remains, eight years later, respectable and legitimate.

Undoubtedly, the United Kingdom's exit from the European Union has an economic cost.

The type of relationship negotiated between London and Brussels following the referendum introduces trade frictions which affect certain sectors.

This economic cost is that of the structural change in the British economy which results…

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Source: lefigaro

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