Brexit will have long-lasting repercussions

Britain’s exit from the European Union (EU) is a “watershed” event, which will have long-lasting repercussions, according to the Caricom Heads of Government.

In their communique issued on July 7, following their July 4-6 summit here, the Heads said they viewed Britain’s exit (Brexit) from the EU as a “watershed event in current world affairs whose geopolitical and geo-economic repercussions would be far-reaching and long-lasting.”

The Heads, the communique said, received a detailed brief on the political, diplomatic, trade, economic and financial ramifications of Brexit for the region as well as recommendations for addressing them.