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(See Chapter 1, p4 for FDI figures for various countries, including the UK, in 2017 and 2018.)
The United Kingdom (UK) risks losing up to 14 per cent of its exports to the European Union (EU) in a so-called “no-deal” Brexit, according to a new study by the UN Conference on Trade, Investment and Development (UNCTAD).
The UK has seen investment from overseas collapse in the past two years, underscoring its diminishing allure as a global business destination since Brexit, revised United Nations data show.
UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU.
Non-tariff measures (NTMs) could cause major fractures in post-exit trade relations between the United Kingdom (UK) and the European Union (EU), knocking up to US$32 billion, or 14 per cent, off of UK exports to the EU, according to a new UNCTAD study.