During the speech, the Minister of Finance of the United Kingdom, Rishi Sunak, presented information about the worsening economic situation in the country due to the slowdown of global trade. He noted that even without direct involvement, the consequences of this process are felt.
"We see that global trade is slowing down, and the factors that have caused this phenomenon will have an impact on us, regardless of the fact that we are not direct participants in this situation," Sunak noted.
Such statements were made in anticipation of the upcoming meeting of the World Trade Organization. In connection with the impending slowdown in international trade, the UK is considering possible options for conducting and responding to this situation in order to mitigate potential negative consequences for its economy.
