Trump trade czar: Brexit is ‘God-given’ op for competitors
December 27, 2016
The President-elects pick for trade czar made a statement prior to his appointment encouraging struggling countries to take advantage of the Brexit to generate new deals.
(WASHINGTON, DC) Donald Trump’s pick for commerce secretary Wilbur Ross has urged countries to take advantage of Britain while it is in the process of leaving the European Union, reports The Times.
According to the paper, Ross told Cypriot financiers they should strike during this "period of confusion" to take business away from the City. Brexit is a "God-given opportunity" for Britain’s competitors like Frankfurt and Dublin, he said.
The daily says Ross made the remarks before the US presidential election and being picked by Trump.
"I recommend that Cyprus should adopt and immediately announce even more liberal financial service policies than it already has so that it can try to take advantage of the inevitable relocations that will occur during the period of confusion," Ross said, according to The Times.
As commerce secretary, Ross will be among those to negotiate a trade deal with the UK if it triggers Article 50 to leave the EU.
The British Labour party said Ross’ words are a warning that other economies will try to profit from Brexit.
Posts
0 yorum:
Post a Comment