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Germany, USA and Canada ALL say they want special trade deals with post-Brexit Britain

Posted on 29 June 2016.

Express.co.uk

barack obama

GETTY President Obama said Britain is an indispensable partner

GERMANY has joined the United States and Canada in reaching out to Britain to stress the importance of trade deals with the UK outside of the European Union (EU).

It comes despite constant scaremongering from the Remain campaign in the run up to the referendum the UK would face a tough foreign deals if it quits the bloc.President Barack Obama yesterday said the UK and EU will remain “indispensable partners” of the United States following the Brexit vote.The US leader added that the “special relationship” between the Britain and Washington will continue into the future.

It marks a backtrack for the president who previously warned the UK would be at the “back of the queue” for a trade deal in the event of Brexit.

President Obama said: “The people of the United Kingdom have spoken, and we respect their decision.”The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in Nato remains a vital cornerstone of US foreign, security and economic policy.”So too is our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond.

“The United Kingdom and the European Union will remain indispensable partners of the United States even as they begin negotiating their ongoing relationship to ensure continued stability, security and prosperity for Europe, Great Britain and Northern Ireland, and the world.”

Canadian Prime Minister Justin Trudeau echoed the sentiment from President Obama in a statement yesterday.He said: “The UK and the EU are important strategic partners for Canada with whom we enjoy deep historical ties and common values.”We will continue to build relations with both parties as they forge a new relationship.

“Canada’s connections to our partners around the world are among its greatest assets, and these relationships contribute greatly to the prosperity of all Canadians.”

Brexit: What happens next

Fri, June 24, 2016

After yesterday’s referendum, here is a look at what will happen immediately following the historic vote for Britain to leave the EU.

Brexit: What to expect next

AFP/Getty Images

Brexit: What to expect next

Even Euro giant Germany said in a government paper it recommended making the UK an “associated partner country” following Brexit.The World Trade Organisation also said it was prepared to help Britain after the vote to leave the bloc.WTO director-general Roberto Azevedo said: “The WTO stands ready to work with the UK and the EU to assist them in any way we can.”

Germany is worried that France, the Netherlands, Austria, Finland and Hungary could also seek to leave the European Union after Britain’s vote to quit the bloc, German newspaper Die Welt said on Friday, citing a finance ministry strategy paper.

The strategy paper recommended Germany, in coordination with the EU, offers Britain “constructive exit negotiations” aimed at making the UK an “associated partner country,” the newspaper reported.

It estimated Germany’s contribution to the annual EU budget could rise by 3billion euros once Britain exited the group.