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Old 23-12-2020, 22:18
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KostiaFM KostiaFM is offline
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Default Re: Daily Economic news by ForexMart

December 23. Great Britain is on the verge of a trade blockade

UK industrialists fear that the country could face the threat of a food crisis. In particular, the country is facing an impending shortage of fruits and vegetables, and shoppers are lining up at supermarkets in London.

The fact is that due to the mutating coronavirus, a number of European countries have suspended transport links with Great Britain. And now, with food supply chains disrupted, London is on the verge of a trade blockade. Analysts note that the volume of supplies from the European Union amounted to a quarter of the total volume of the previous year.

In addition, port disruptions mean that British meat and fish exporters are unable to ship their goods to Europe. As it is known, the European Union is highly dependent on supplies from Britain. For example, in France there may not be enough fish for Christmas due to blocking of cargo.
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