Thursday, 19 July 2012

Britain's non-EU exports now account for the majority of our overseas sales – however you measure it

Telegraph
"Nowadays, though, even the unadjusted figures tell of the EU’s decline. Never mind the Netherlands: we sell as much to China as we do to Spain, and more than to Italy. Our exports to the US, easily our largest market, have surged to £3.67 billion, up £744 million since December. Even without the Rotterdam Effect, our non-EU exports in February were worth £100 million more than our sales to the EU. ......For a long time, partisans of European integration cast themselves as being on the right side of history. Europe was modern, cosmopolitan, exciting; the Commonwealth was nostalgic, sentimental, atavistic. Suddenly, that alignment has been reversed. Now it is the Anglosphere that is the coming force, the EU that looks uncomfortably like a post-war hangover. The future’s bright. The future’s global."

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