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HSBC Malta-supported Chamber webinar explores EU-UK trade prospects


HSBC Malta-supported Chamber webinar explores EU-UK trade prospects
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HSBC Bank Malta recently supported ‘Deciphering the Brexit deal for business’, a webinar organised by The Malta Chamber, in collaboration with the Government of Malta, the Customs Department and the Enterprise Europe Network.
The event featured Shanella Rajanayagam, Trade Economist of Global Research at HSBC Holdings plc who reviewed the EU–UK Trade and Cooperation Agreement.
HSBC Malta
Rajanayagam, said, “Brexit has inevitably given rise to new trade barriers between the EU and UK despite the new trade deal, which could affect businesses on both sides. For example, Malta is the fourth most exposed EU economy to UK trade, with its exports to UK worth around 7% of GDP in recent years. However, despite  Brexit uncertainty, HSBC’s 2020 Navigator survey, showed that 68% of UK businesses are positive about their international trade prospects for the next one to two years, and ....

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