#BrexitConcerns about the impact of Brexit on developing nations as they lose access to a range of EU agreements (GSP, EBA, EPAs) allowing vulnerable developing countries to pay fewer or no duties on their exports, and import duties are once again imposed
"findings show that losing these preferences together with the UK’s withdrawal from the EU may cause EBA countries’ GDPs to fall by -0.01% to -1.08%."
Simulations also indicate that the highest losses will occur in Cambodia & Malawi, where dependence on the UK market is strong
Brexit may cause the number of those living in extreme poverty (PPP $1.90 a day) to rise by nearly 1.7M in all EBA countries. These are conservative estimates of Brexit’s negative impacts"
Also uncertainty, depreciation of sterling, reduced aid spending, remittances & investments
And that's just the trade impact on developing nations from Brexit -
we should also have #BrexitConcerns about this plan to reduce the UK commitment to foreign aid
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