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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 read

· Last updated: January 28, 2026

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UK to Encounter More Trade Issues Post-Brexit, IMF Chief Warns

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)

Key Takeaways

  • UK to introduce new customs checks on Jan. 1.
  • IMF predicts more trade disruption with EU.
  • UK-EU trade has already dropped significantly.
  • Kristalina Georgieva comments on UK's economy.
  • IMF's annual review highlights economic challenges.

Frequently Asked Questions

What is the main topic?
The article discusses the anticipated trade disruptions between the UK and EU due to new post-Brexit customs checks.
What impact is expected on UK-EU trade?
The IMF expects further trade disruption as new customs checks are implemented, adding to the existing trade decline.
Who commented on the UK's economic situation?
Kristalina Georgieva, the head of the International Monetary Fund, commented on the UK's economic challenges.

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