India, Australia are willing to trade with UK: Johnson

Johnson stated that UK Prime Minister Theresa May will lead the cabinet subcommittee on the procedure to exit EU.

The Dollar Business Bureau

After the referendum to ‘leave’ European Union, India and Australia among other countries have approached United Kingdom for new trade pacts, said Boris Johnson, Foreign Secretary.

Johnson, while speaking to the media in New York, expressed that he was startled with the kind of response shown by various countries for trade opportunities. Meanwhile, Malaysia and Singapore also have expressed their willingness in trading partnerships, he added.

Johnson, who led the Brexit movement, stated that UK Prime Minister Theresa May will lead the cabinet subcommittee on the procedure to exit EU. The subcommittee will be the main body for the deliberations to take place, he added. The subcommittee is scheduled to meet in next few days to finalize a blueprint on the plans to exit EU.

Johnson revealed that he met senior company representatives from banking, pharmaceutical and manufacturing industries, who empathized with the strategic significance of UK, in Washington.

Free movement of goods between UK and Europe is being considered a highly important aspect by all the parties, he added.

It is clearly in the interest of the countries, who are friendly with UK, to continue the open relationship on all the sides of the ledger, he said while adding, “We buy a helluva lot of French wine.”

In June, voters chose to ‘leave’ European Union and the referendum results have given way to political and economic changes in UK and other nations. Theresa May took charge as the new PM as David Cameron stepped down.

The Dollar Business Bureau - Jul 23, 2016 12:00 IST
 
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