Tags: Brexit | brexit | negative impact | united states | politics | economy

Former Diplomat: Brexit Poses Risks to US Interests

Former Diplomat: Brexit Poses Risks to US Interests
Protesters stand outside the Houses of Parliament as the Lords review the Brexit Bill on Jan. 30, 2018. (AP)

By    |   Wednesday, 31 January 2018 12:47 PM

Brexit, the withdrawal of the United Kingdom from the European Union, could negatively impact political and economic interests in the United States, a former U.S. diplomat said Wednesday in Business Insider.

"The highest concern (for the U.S.) is the potential impact of Brexit on European cohesion," said Charles Ries, the former diplomat, who oversaw the U.S.-European Union relationship and was a member of the negotiating team for the North American Free Trade Agreement (NAFTA).

The loss of Britain's "pragmatic and economically liberal voice" could have the most economic impact on the U.S., Ries said.

"For those of us who worked on U.S.-EU affairs, the British were more likely than not to suggest that the EU be open to international trade and investment. That was a voice we thought made a difference in terms of outcomes," the former diplomat said.

North America and European countries are part of the North Atlantic Treaty Organization (NATO), a military alliance in which members agree to mutually help each other in the case of an attack. The European Union has developed its own security forces, which has led to worries in Washington that the EU's efforts would diminish NATO.

Ries said the UK played in a role in making sure that did not happen.

"The British . . . have been leaders of those who felt that European (defense policy) should not sideline NATO and should be collaborative with the alliance," Ries said in Business Insider.

Plus, there is the issue of Russia's attempts to divide Europe.

"I think (Russia) is a serious threat . . . it has supported nationalist movements in central and eastern Europe designed to pull those countries away from Brussels and from the European Union, and supported parties that have taken such views," Ries said in Business Insider.

An investigation into whether Russia interfered in the Brexit referendum is ongoing, Wired UK reported.

President Donald Trump also commented on Brexit recently.

"I would have said the European Union is not cracked up to what it's supposed to be. I would have taken a tougher stand in getting out," Trump said in an interview on British channel ITV Sunday.

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Brexit, the withdrawal of the United Kingdom from the European Union, could negatively impact political and economic interests in the United States a former US diplomat said Wednesday in Business Insider.
brexit, negative impact, united states, politics, economy
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2018-47-31
Wednesday, 31 January 2018 12:47 PM
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