WTO: whether it will be Brexit, no "copy and paste" for London
The output from the Union is likely to cost the UK exporters 5.6 billion pounds – about 7.2 billion Euros, if not longer as a result of exchange rate volatility, in additional customs duties. To launch this new cost warning of a possible vote by the EU for the divorce was the Director General of the WTO, Roberto Azevedo.
Azevedo has clarified such as London, in case of Brexit, should renegotiate their agreements from scratch.
The UK, warned the director general of the WTO, can not simply do a 'copy and paste' of the agreements it had signed as a European state, the Guardian reports. "We have not had any discussion with respect to this process. We do not know how it will be, but we know that it will be a very unusual situation, "Azevedo said.