The UK represents the largest proportion of Eurozone exports. Far from being “isolated and marginalised”, an independent Britain will be a key trading partner of Europe, writes UKIP MEP Roger Helmer.
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• A simple and striking fact, which is little-known and has astonished a number of folk in the EU institutions in Brussels: when Britain leaves the EU, it will become the EU’s largest export market. Bigger than the USA. Bigger than China.
Some people ask whether it will be possible to negotiate a Free Trade Agreement with the EU when we leave. But with the EU scrabbling to set up FTAs with a host of countries around the world, it is inconceivable that they would not agree an FTA with their largest export customer — especially when that customer is also a major net customer. We import far more from the EU than they import from us. An FTA will benefit both sides, but arguably it will benefit them more than us.
I was in the Philippines recently, and mentioned this fact to an official at the EU “Embassy”. He simply couldn’t believe it, so I dug our the figures.