SA may benefit from Brexit no-deal

  • 📰 eNCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

The UK market accounts for about 3,5 percent of world trade and it’s an important trading partner for many developing countries.

The country could gain an additional R42-billion in exports.That's according to new research from the United Nations Conference on Trade and Development.

'If Britain were to leave at any point without an withdrawal agreement, it has published its tariff schedule. The tariff will remain enforced for a year. It'll allow duty-free entry for all our fruits our wines. Where there'll be an issue is in the auto sector, where there's a 10% tariff," said Trade and Industry minister, Rob Davies.

The study says a no-deal Brexit could significantly disrupt and harm the economies of other developing countries whose exports are highly reliant on the UK market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No. We would benefit better if brexit goes through. I hope ot does, then i can leave SA

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA may benefit from Brexit no-dealThe UK market accounts for about 3,5 percent of world trade and it’s an important trading partner for many developing countries. May?may not
Source: eNCA - 🏆 49. / 51 Read more »