The post Brexit of the United Kingdom reaches $ 17 trillion in the public projects depends on the goodwill of its European neighbors.
The small nation wedged between Ukraine and Romania by joining half a dozen countries in blocking the re-entry of the United Kingdom to the World Trade Organization’s Government Procurement Agreement which is an accord that makes the bidding process easy on the public contracts; including in the $837 billion U.S market. The United States of America, New Zealand and other members of the World Trade Organization have pressed the United Kingdom to ensure that Brexit does not prevent or protect the abilities of their companies to sell more products like beef, chicken, and lamb into the U.K market.
On March 29, with Britain scheduled to leave the EU; the United Kingdom will require to iron its accession difficulties with the other members. It is becoming apparent that any detail can throw a wrench in the attempt made by the U.K to leave the EU.
Source: Bloomberg
