While the global media is busy discussing mainly the economic consequences of the Brexit vote, Ukraine is wary of the political ones. On the one hand, the significance of the United Kingdom as an export market for Ukraine is quite small. And the ensuing turbulence in the debt markets stemming from the UK’s decision to leave the European Union is unlikely to directly affect Ukraine’s weak economy, which is dependent on loans from international financial organizations rather than bond rates or share prices. Nevertheless, Kyiv fears that the political consequences of the UK’s looming exit from the EU will be …read more
Source: The Jamestown Foundation
