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10/25/2016

Topic Reading-Vol.1658-10/25/2016

Dear MEL Topic Readers,
Reality Check: Must UK settle EU divorce before it makes trade deals?
Divorce often turns nasty, and sometimes takes long to reach an agreement. And this particular case is going to be a difficult one to settle because it is not a departure of one country from just one party but a union that consists of 27 seven member states. And even the leaving state, the UK, may face difficulty to keep consistency should the incumbent administration overturned during the lengthy process, not to mention the other side of the table. There will be elections after elections among the member states under democracy.
The most unproductive and interfering issue on business and trade is the uncertainty for the future. No one can predict what the EU and UK are going to be like three years from now. This uncertainty put a brake on not only investment but also ongoing business activities.
Enjoy reading and thinking if this is a good time to invest in the UK.

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