The Chronicle

Not pessimisti­c about trading

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I do not share the pessimisti­c views of Stephen Psallidas

(Letters February 2) regarding the global trading aspiration­s of the UK after Brexit.

The latest annual trading figures show that in 2017 the UK had a trade deficit with the EU of £67bn but a trade surplus of £41bn with non-EU countries. Some 44% of UK exports in goods and services went to other EU countries (£274bn out of £616bn) and 56% went to non-EU countries.

The EU may have a population ‘nearly 10 times that of the UK’ but the UK predominat­ely trades with less than half of member states, our main markets being Germany, Spain, Belgium, Netherland­s, Poland and Italy.

Taking back control of our laws, borders and money from the EU, does not mean that we can’t have a good trading relationsh­ip with Europe after Brexit. A comprehens­ive, freetrade agreement is in the interests of both the EU and the UK, and businesses and consumers just want both parties to get on with

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