Brexit: IMF urges ‘smooth transition’ to a new economic relationship

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International Monetary Fund (IMF) chief Christine Lagarde called on Britain and Europe on Friday to work together to ensure that Britain’s pullout from the European Union will take place smoothly.

“We urge the authorities in the UK and Europe to work collaboratively to ensure a smooth transition to a new economic relationship between the UK and the EU, including by clarifying the procedures and broad objectives that will guide the process,” Lagarde said.