COVID-19 casting a shadow on Britain’s urgent need for FTA with EU: Rishi Sunak

During an interview to the BBC’s Andrew Marr, British Finance Minister Rishi Sunak said, the UK wants to strike a free-trade agreement with the European Union; but in near-term perspective, the concern is overshadowed by the COVID-19 pandemic.

When asked how will it impact the British economy if a free trade agreement is not in place after the transition period which ends on December 31, Sunak said: “It’s very difficult to be precise about the near-term effects.

“But I’d agree with what the prime minister has said, in the short term specifically and most immediately, it would be preferable to have a deal because it would ease things in the short term. But the most important impact on our economy next year is not going to be from that, it’s because of coronavirus.”



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