United Kingdom is one of the global superpowers and since the Second World War, it has had a special relationship with the United States and the rest of Europe to who the country was joined by the European Union. Before the famous exit vote from the European Union, Britain was famed as one of the non-committed member of the common marketplace and it was always though it could exit one day (Panda). It had always been anticipated that Britain would leave the common market under EU and the effects of this exit will ripple throughout the EU and Britain itself for a long time.
Britain was not ready for Brexit if it still wanted to be a leading force in Europe and in NATO. The argument presented by Brexit supporters suggested that the country was going to become more powerful when it was able to negotiate trade deals by themselves. However, after the exit, the country lost the negotiating authority that they had as a wider block and also influence over the smaller states within the United Kingdom (Steenbergen & Siczek). The pro-Brexit campaigners argued that the European Union was dragging Britain behind as only a few countries in Europe had the economic power comparable to that of Britain.
After Brexit vote, the reality of what to expect as a stand-alone nation in the world set in for British politicians. The country is now set to renegotiate new trade deals with the rest of the world which will be a tasking job for the nation. The country’s bargaining power in the new deals that it has to renegotiate is expected to be a little more difficult as the earlier deals had been made under the umbrella of the EU which was quite a formidable force.
Works Cited
Panda, Ankit. "Post-Brexit, What Are The Geopolitical And Economic Consequences For Asia?". The Diplomat, 2017, http://thediplomat.com/2016/06/post-brexit-what-are-the-geopolitical-and-economic-consequences-for-asia/.
Steenbergen, Marco R and Tomasz Siczek. "Better The Devil You Know? Risk-Taking, Globalization And Populism In Great Britain". European Union Politics, 2017, p. 146511651668185. SAGE Publications, doi:10.1177/1465116516681858.