Economics
WTO Chief Says No Exceptions for UK-EU Trade in Hard Brexit
Shipping containers stand on the dockside at the Port of Felixstowe Ltd., a subsidiary of CK Hutchison Holdings Ltd., in Felixstowe, U.K., on Friday, March 22, 2019.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
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In the event of a no-deal Brexit there will be no special rules for trade between the U.K. and the European Union, the World Trade Organization’s director-general Roberto Azevedo said in an interview with Frankfurter Allgemeine Sonntagszeitung. A trade without customs duties would only be possible, if customs would be removed for all other trading partners, too, he said.