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Mogherini: Britain will lose more from Brexit than EU

Mogherini: Britain will lose more from Brexit than EU

The U.K. will lose more from its decision to leave the bloc than the EU, the bloc’s foreign policy chief Federica Mogherini said on Thursday during a visit to Beijing, Reuters reported.

Speaking to students at the elite Tsinghua University, Mogherini said the negotiation process would be difficult. “They will have to dismantle their belonging to a community,” she said. “We will lose an important member state.”

“Let me tell you that to me all member states are important, equally, because one can be contributing more on some policies than others,” Mogherini said. “But I think our British friends will lose more than what we lose.”

The EU’s top diplomat said that even after the U.K. formally leaves the bloc the EU will continue to be the “first market in the world” and “the second largest economy in the world.”

“I am seeing all our partners in these months telling us that the EU is needed, and this is the message I also get from here in China: That the EU is an indispensable partner in the world today,” she said.

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