Head of WTO says she hopes there will be no UK-EU trade war
Reuters
Published Jun 12, 2021 13:50
(Reuters) - The head of the World Trade Organization said on Saturday she hoped that post-Brexit tensions between Britain and the European Union would not escalate into a trade war.
"I would really, really hope that a UK-EU trade war will not take place," WTO Director-General Ngozi Okonjo-Iweala said in response to a question when speaking to reporters covering a Group of Seven leaders' summit in southwestern England.
"With all the opportunities there are too for dialogue, I would be a little surprised if we ended up with a UK-EU trade war," she said. "It's too costly for both sides. This is not what the world needs right now."
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.