The map above was created by the Britain Stronger in Europe campaign and highlights the huge risk to the British economy if it votes to leave the EU.
At risk are EU signed free trade deals with 60+ countries (covering an area far larger than the British Empire). If the UK were to leave, it would have to start from square one and renegotiate new free trade deals with each and every one.
According to Britain Stronger In Europe over £235bn of trade is at risk if Britain leaves the EU.
Analysis of the UK’s trade figures shows that the EU is the UK’s largest trading partner – accounting for 50% of all UK goods exports and worth £148bn in 2014.
When you take into account trade deals currently being negotiated by the EU, that figure rises to to an incredible 80% of all UK goods exports. This totals £236bn. That means that if the UK were to leave the EU, exports worth more than £235bn would be in danger of facing trade barriers and tariffs, which could significantly reduce and damage UK-EU trade.
Still not convinced? Then have a look at the following books:
- The In/Out Question
- Why Europe Matters: The Case for the European Union
- Europe: In or Out?: Everything You Need to Know
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