The Latest: WTO says it will try to minimize any Brexit pain
LONDON (AP) – The Latest on Britain’s planned exit from the European Union (all times local):
The head of the World Trade Organization says the trade body will try to minimize disruption caused by Britain’s exit from the European Union.
Britain is due to leave the 28-nation EU in March. No deal is in place yet on withdrawal terms and the future relationship.
Asked about concerns about a “no-deal” Brexit, Roberto Azevedo said at a German business group’s annual conference in Berlin that “clearly there will be an impact, and it’s not going to be a good one.”
Azevedo said Tuesday that the role of the WTO will be “to try to minimize the negative effects that this is going to have.” He added that “if we can minimize the disruption, if we can minimize the pain … that’s what we will try to do.”