There are plenty of countries who want to strike a free trade deal with the UK, Iceland’s foreign minister has claimed.
Gudlaugur Thor Thordarson, who has already cautioned European leaders about punishing Britain with a bad trade deal, called for a quick resolution to trade talks between the EU and the UK.
Quoting on what he said on BBC Radio Four’s Today programme: “You’re the fifth largest economy in the world. Everyone wants to sell you goods and services. It’s just as simple as that.”
Mr Thordarsan believes Britain should rejoin the European Free Trade Association (EFTA), which is composed of Norway, Iceland, Liechtenstein and Switzerland. EFTA members are not members of the EU but have access to the single market in return for making payments to Brussels. Obviously this means that the UK does not have to even do ANY trade with the EU as it can receive practically all previously imported goods through EFTA.
The BBC released an article recently where it discredits BREXIT and claims that BREXIT will cause a shortage of food. They say that, due to the inspections at the border, the UK is running out of food. This is simply not true. The BBC has not even taken consideration of any free market trade deals or of Britain gaining back control over their waters. The EU struck a deal that would effectively leave the British Channel empty, if the wrong fish is caught then they leave it to die or the same issue if the fishermen over fish. Over time, Britain will prosper from leaving the EU as more free market deals are introduced. The free market offers a possible £52 trillion a year for Britain’s economy.
Prime Minister, Theresa May, discussed with President Donald Trump over how trade tariffs between the US and the UK can be lowered or even dropped. This potentially means that if you live in the UK then you may be seeing more American made products in your local retailing stores, and vice versa if you live in the States. This is all thanks to leaving the single market.