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4-year-old Brexit is still an unsolved challenge for England

About four years after the scenario of England's exit from the European Union, this country is disappointed and still struggling with its consequences, including lower growth, the failure of trade agreements with other countries, and the increase in prices caused by this project.
– International news

According to the report of the international group Tasnim news agency, publication ” Focus” wrote in an article: About four years after Brexit, England looks disappointed and disillusioned. Lower growth, lack of trade agreement and rising prices are only part of its consequences. has been Instead of hoping for economic improvement, the decline in growth, the lack of trade agreements and the increase in food costs are part of the daily life of this country.

Brexit supporters, including Boris Johnson, The British Prime Minister at the time promised the people sovereignty and profitable trade deals outside the European Union. Under the slogan “take back control”, bilateral agreements with better terms were supposed to replace the EU’s previous trade agreements. But considering the current situation, this optimism seems far-fetched. According to the Tagus Shaw newspaper, on the fourth anniversary of Brexit, recently even the failure of free trade negotiations between Great Britain and Canada should have been reported.

The following is: It is also disappointing. After Canada imposed high import tariffs on cheese and cars, the UK has only signed bilateral trade agreements with Australia and New Zealand and joined the Trans-Pacific Partnership (CPTTP). There may be some benefits to these agreements, but these countries are still far from it. The government itself estimates the value of each contract at 0.1 percent of GDP. Thomas Sampson, an economist at the London School of Economics, explains: “This in no way compensates the UK for the loss of access to the EU internal market.

Read more: Rising food prices and record immigration exacerbate post-Brexit problems. Border controls on food imports from the EU, now finally in force, increase administrative burdens and import costs, leading to higher prices. On the other hand, in 2022, net immigration will peak at 745,000, well above the UK Conservative government’s target of 212,000 immigrants per year.

So , the results four years after Brexit are worrying. Polls show that 63% of Britons consider Brexit a failure, while only 12% see it as a success.

Richard Walker , entrepreneur, head of the British discount supermarket chain Iceland and a Brexit supporter at the time, has a similar opinion. In this regard, he says: the opportunities provided by Brexit have not been used simply. The result is ridiculous.

Focus newspaper wrote about this in another article: Four years ago, Britain left the European Union. The next election will be held in twelve months, but no one is talking about Brexit anymore. What did Brexit bring to the British?

Brexit has always been a dominant issue since the 2016 EU referendum. But since Britain officially left the European Union at the end of January 2020, things seem to have changed.

When polling institutions ask citizens which issues When it comes to citizens, EU affairs and Brexit are no longer even in the top ten. In the latest Ipsos poll, the economy and inflation are at the top, and only five percent of respondents see Europe as an important issue. .

However, there is no significant political force in this country committed to reversing Brexit; Although the long-term GDP has been weakened by four percent as a result of Britain’s exit from the European Union, and although the vast majority of the population now regrets saying goodbye to the European family.

So deregulation is mostly symbolic so far, but the economic benefits are still unclear. So far, few economic benefits can be identified for this project. There are new barriers to trade with Britain’s most important partner. Uncertainty surrounding these developments has reduced corporate investment.

The British voted to leave the European Union following a referendum in 2016 and eventually Britain left the European Union on Friday, January 31, 2020 at 11:00 PM local time.

British people regret Brexit
Impacts of Brexit on the relationship between Germans and Englishmen

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