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UK to face more post-Brexit trade problems soon, IMF boss says
Published by maria gbaf
Posted on December 15, 2021
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
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Published by maria gbaf
Posted on December 15, 2021
1 min readLast updated: January 28, 2026
The IMF warns of further UK-EU trade disruptions as new post-Brexit customs checks begin on Jan. 1, impacting the already declining trade.
LONDON (Reuters) – Britain is due to face more disruption to its trade with the European Union when it introduces new post-Brexit customs checks on Jan. 1, the head of the International Monetary Fund, Kristalina Georgieva, said on Tuesday.
“Trade with the EU has dropped significantly and we expect there will be more impact ahead as the custom checks are going to be introduced in UK in the beginning of next year,” Georgieva told reporters after the IMF published an annual review of Britain’s economy.
(Reporting by David Milliken; Writing by William Schomberg; Editing by Andy Bruce)
The article discusses the anticipated trade disruptions between the UK and EU due to new post-Brexit customs checks.
The IMF expects further trade disruption as new customs checks are implemented, adding to the existing trade decline.
Kristalina Georgieva, the head of the International Monetary Fund, commented on the UK's economic challenges.
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