adminThe United Kingdom has come under pressure by some European and Asian countries to start the process of leaving the European Union as soon as possible.
Finance ministers and central bankers from the Group of 20 countries (G20), who are meeting in China’s southwestern city of Chengdu for the first time since the Brexit vote, expressed concern that a long delay to start the exit negotiations could add to uncertainties that are dragging on the world economy.
“We have to have certainty now around the timetable,” French Finance Minister Michel Sapin said. “We say that not to put undue pressure on the British authorities but because I believe that is what everyone — all observers and the markets — need.”
“I hope that there is going to be clarification about the timing and process of the divorce,” Italy’s Economy Minister Pier Carlo Padoan said. “The sooner the better so this generates a new equilibrium.”
Some Asian G20 countries have also joined the chorus, calling for “UK-EU negotiations to settle quickly.” “If it doesn’t act quickly, negative effects on corporate investment would be prolonged,” said an official from an Asian G20 country. “We want UK-EU negotiations to settle quickly in a way that won’t affect business strategies in our country.”
The United States, however, called for patience, saying the process is too sensitive to be rushed. — PressTV
Online Reporter