Norway Fearing Very Hard Brexit

Britain lacks experience in international negotiations due to its long membership of the European Union and this can slow talks, the prime minister of non-EU Norway told Reuters, adding that she feared “a very hard Brexit”.

British Prime Minister Theresa May intends to launch by the end of March the two-year process of negotiating to leave the EU. They are expected to be some of the most complicated international talks Britain has engaged in since World War Two.

Norwegian Prime Minister Erna Solberg said she hoped Britain would be able to negotiate an agreement that keeps it very close to the EU but said it would be a difficult task.

Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.