Up to ten years to negotiate new trade deals with EU after exit, Europe minister claims.
British people will not be able to live abroad in France and Spain if the UK leaves the EU, a minister has claimed amid warnings that a “Brexit” would lead to a decade of economic chaos.
David Lidington, the Europe minister, warned that a British exit from the bloc would be a “massive” risk and said “everything we take for granted about access to the single market” would be in question.
He warned that it could take Britain up to ten years to negotiate new trade deals with Europe after an exit.
“Trade deals between the EU and other countries and bilateral trade deals of any type normally take six, seven, eight years and counting. Everything we take for granted about access to the single market – trade taking place without customs checks or paperwork at national frontiers, the right of British citizens to go and live in Spain or France – those would all be up in the air. It is massive. It is massive what is at risk”
Europe minister David Lidlington
Anna Soubry, a business minister, also said that Britain would face “undoubted chaos” in the two years after an exit.
Their comments risk further accusations of “Project Fear” tactics by the Government and comes after David Cameron and his allies were accused by eurosceptic ministers of “scaremongering”.
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