Post Brexit Trade

Britain said it was pursuing data partnerships with countries including the United States, Australia, South Korea, and other fast-growing markets to break down barriers and boost trade after Brexit.

Britain on Wednesday demanded a new deal from the European Union to oversee post-Brexit trade involving Northern Ireland but shied away from unilaterally ditching part of the divorce deal despite saying its terms had been breached.

The United Kingdom goes to the polls Thursday to decide the fate of vexatious, divisive, gridlocked Brexit. The vote - between the two major parties offering the starkest of choices - is set to shape Britain's sense of itself, its union, economy and relations not only with Europe but the United States, for years to come.

British MPs are conducting an inquiry into the UK's relations with India to enhance trade and explore the implications of the UK's visa policy on bilateral relations amidst India's growing role in international geopolitics and its increasing importance as an economic powerhouse.

President Donald Trump on Friday sought to undo the damage he'd done to British Prime Minister Theresa May, lavishing her with compliments one day after he was quoted in a British tabloid dismissing her approach to Brexit, praising one of her foes and threatening to upend their trade relationship - while boasting that she would have been better off...

The European Parliament on Wednesday overwhelmingly adopted its 'red lines' for tough Brexit negotiations, insisting Britain first agree divorce terms before striking a new trade deal.

The British minister charged with boosting international trade post-Brexit has slammed the country's businesses as being too "fat and lazy" to capitalise on the opportunity, the Times newspaper reported.

The UK today said it is "very keen" on developing further the trade relationship with India and does not see any "adverse impact" on Indian investments flowing to England post Brexit.

India and the UK are exploring the possibility of a free trade agreement following the Britain's decision to exit from the European Union, Commerce and Industry Minister Nirmala Sitharaman said.

"Post exit EU, the UK is likely to explore direct bilateral trade agreements with other trading partners including India," said Development Bank of Singapore (DBS).

China is a potential winner if Britain and the European Union rework trade deals and look for investors after a British exit.

Currency volatility post Britain's decision to exit from the EU may put pressure on India's exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters' body FIEO said on Friday.

The BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true. The rupee plunged over 1.4 per cent to 68.21 per dollar mark.

The challenge is to reform and revitalize the welfare state in the era of globalization, and put as much emphasis on enabling the poorer sections of the population from taking advantage of the opportunities that globalization offers as with attracting trade and investment. The answer lies in Fixit, not Brexit.

Britain said it was pursuing data partnerships with countries including the United States, Australia, South Korea, and other fast-growing markets to break down barriers and boost trade after Brexit.

Britain on Wednesday demanded a new deal from the European Union to oversee post-Brexit trade involving Northern Ireland but shied away from unilaterally ditching part of the divorce deal despite saying its terms had been breached.

The United Kingdom goes to the polls Thursday to decide the fate of vexatious, divisive, gridlocked Brexit. The vote - between the two major parties offering the starkest of choices - is set to shape Britain's sense of itself, its union, economy and relations not only with Europe but the United States, for years to come.

British MPs are conducting an inquiry into the UK's relations with India to enhance trade and explore the implications of the UK's visa policy on bilateral relations amidst India's growing role in international geopolitics and its increasing importance as an economic powerhouse.

President Donald Trump on Friday sought to undo the damage he'd done to British Prime Minister Theresa May, lavishing her with compliments one day after he was quoted in a British tabloid dismissing her approach to Brexit, praising one of her foes and threatening to upend their trade relationship - while boasting that she would have been better off...

The European Parliament on Wednesday overwhelmingly adopted its 'red lines' for tough Brexit negotiations, insisting Britain first agree divorce terms before striking a new trade deal.

The British minister charged with boosting international trade post-Brexit has slammed the country's businesses as being too "fat and lazy" to capitalise on the opportunity, the Times newspaper reported.

The UK today said it is "very keen" on developing further the trade relationship with India and does not see any "adverse impact" on Indian investments flowing to England post Brexit.

India and the UK are exploring the possibility of a free trade agreement following the Britain's decision to exit from the European Union, Commerce and Industry Minister Nirmala Sitharaman said.

"Post exit EU, the UK is likely to explore direct bilateral trade agreements with other trading partners including India," said Development Bank of Singapore (DBS).

China is a potential winner if Britain and the European Union rework trade deals and look for investors after a British exit.

Currency volatility post Britain's decision to exit from the EU may put pressure on India's exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters' body FIEO said on Friday.

The BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true. The rupee plunged over 1.4 per cent to 68.21 per dollar mark.

The challenge is to reform and revitalize the welfare state in the era of globalization, and put as much emphasis on enabling the poorer sections of the population from taking advantage of the opportunities that globalization offers as with attracting trade and investment. The answer lies in Fixit, not Brexit.