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Remaining EU nations will sign United Kingdom trade deal, says Theresa May
“As we do so we must recognise that for too many of those men and women the increasing pace of globalisation has left them feeling left behind”.
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Prime Minister Theresa May will use a meeting with representatives of some of the biggest U.S. companies in NY on Monday to attempt to reassure them that Brexit shouldn’t be a reason to pull investment from the UK.
Robert Fico said that Britain will not be allowed to turn the workers that are part of the EU Member States’ into second-class citizens, while the British state is still enjoying the benefits of the free market.
Prime Minister Theresa May has assured leaders of some of America’s biggest financial institutions that the United Kingdom will achieve the “best possible” trade deal with the European Union when it leaves the bloc, probably in 2019.
UK-based banks, including the European headquarters of U.S. and other global firms, are pressing him to strike an interim agreement with the EU that would preserve their ability to provide services.
May is due to address the UN General Assembly on Tuesday.
She told reporters in NY on Monday that she was “batting for Britain” after the Brexit vote.
She will add that “if we only focus on what we do at home, the job is barely half done”.
Conservative MP John Redwood said: ‘We have by far and away the biggest financial markets in Europe, and many companies on the Continent rely on our markets to carry out business for their customers.
They included the internet giant Amazon, IBM, Goldman Sachs, Morgan Stanley and the investment firm BlackRock.
A second meeting was with 60 USA executives, as well as British businesses that invest in the US.
Boris Johnson, a prominent campaigner to leave the European Union in the June referendum who is now foreign secretary, has said he expects Britain to retain its passporting rights, which allow financial companies to sell services around the bloc. Asked about those comments, May gave a diplomatic answer.
May is under pressure to maintain London’s stature as a center of finance.
Mr Tyrie said it showed the “significant” risk Britain leaving the single market would pose to business.
May is in NY at the same time as London Mayor Sadiq Khan, who warned on Sunday that access to the European Union single market is “crucial” to the capital’s continued success.
Britain retains its role in the North Atlantic Treaty Organisation military alliance as the EU’s biggest defence spender, its permanent veto-wielding seat on the UN Security Council and four submarines armed with nuclear ballistic missiles, Reuters said.
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“Just as we need the United Nations to modernise to meet the challenges of terrorism in the 21st century, so we also need to adapt if we are to fashion a truly global response to the mass movements of people across the world and the implications this brings for security and human rights”, she said.