UK minister says closer EU ties would bring greater economic benefit
The United Kingdom trades almost twice as much with the European Union as it does with the United States.
Scotland secretary Douglas Alexander said closer trading relations with the European Union would offer the UK a greater economic benefit than pursuing separate trade agreements, even if that limited its ability to negotiate independently.
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AllegedDouglas Alexander said closer trading relations with the European Union would be a greater economic prize for the UK than retaining the ability to negotiate separate free trade agreements.
“joint trading arrangements with the EU ... would be a bigger economic prize”
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The United Kingdom trades almost twice as much with the European Union as it does with the United States.
“We trade almost twice the amount with the European Union that we do with the United States”
The European Union remains the United Kingdom’s largest trading partner.
“Our largest trading partner is and will remain the European Union”