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“The decision of the people of the United Kingdom to leave the EU will undoubtedly have a deep impact on trade in the European Union and internationally”, says Ranjit Baxi, BIR President, “ and the economic and political consequences of this vote cannot be fully assessed at this moment in time.” Mr Baxi adds: “We need to continue working together to promote free and fair trade globally while strengthening our diversity and reducing legislative and bureaucratic burdens on businesses”.