January 24, 2019
José Ángel Gurría Treviño, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), has confirmed the world’s advanced economies are “absolutely” ready for a No Deal Brexit, and that they would help the United Kingdom to make it happen in “the most seamless possible way”.
Speaking to the press at the elite World Economic Forum summit in Davos, Switzerland, the Mexican economist and former foreign minister was asked by Sky’s Ed Conway in a decidedly sceptical tone: “If there were to be a No Deal, do you think that, do you think, you know, your members, the advanced economies, are they ready for that?”
“Absolutely,” the top bureaucrat replied, perhaps unhelpfully.
“You know, what’s the worst [case] scenario? No Deal, [World Trade Organization] rules — the whole world is running by WTO rules these days,” he added nonchalantly.
This article was posted: Thursday, January 24, 2019 at 7:25 am