Indian-origin Nobel laureate calls for ‘sensible’ immigration system post-Brexit

Indian-origin Nobel laureate calls for ‘sensible’ immigration system post-Brexit

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Supporters of Brexit, who admit there may be some short term instability, say British ministers and business chiefs are spreading scare stories about the impact of a "no-deal" in an attempt to rally support behind May's plans.

The IMF said that all likely Brexit scenarios would "entail costs for the United Kingdom economy", but that a disorderly departure could lead to "a significantly worse outcome".

The EU's backstop would leave a border down the Irish sea while the UK's proposal left it "volunteering" to "remain effectively in the customs union and large parts of the single market until Brussels says otherwise", Mr Johnson said.

"It would be a lot more wise to put her cabinet together, agree on what they want to agree on Brexit and how to get there, and then trigger this process", he added.

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The British premier is now set to take her plan to the EU at a crucial meeting in Salzburg on Tuesday and indicated that the Europeans were ready to sit down and discuss the proposals.

That outcome is far from certain.

But she cast doubt on whether the European Union would offer a better deal if MPs rejected it, adding: "I believe we'll get a good deal, we'll bring that back from the European Union negotiations, put that to Parliament". Other Indian-origin pro-Brexit MPs, including Rishi Sunak - the son-in-law of Infosys chief Narayana Murthy, and Goan-origin Suella Fernandes had joined Patel in signing an open letter in the lead up to the Brexit referendum making similar arguments on immigration, which marked one of the most contentious issues in the Brexit debate.

Many Brexit supporters say Britain must distance itself from Brussels in order to strike its own trade deals with fast-growing economies around the world.

Johnson, who resigned in July to protest her plan to keep some close ties to the European Union after Brexit, has compared her strategy to a "suicide vest".

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International Monetary Fund (IMF) managing director Christine Lagarde attends a press conference to mark the publication of the 2018 Article IV assessment of the United Kingdom at the Treasury in central London, Monday Sept. 17, 2018.

The IMF predicted Britain's economy would grow by about 1.5 percent a year in 2018 and 2019 - lagging behind Germany and France - if a broad Brexit agreement was struck.

The IMF said that even a good deal would mean new barriers to trade. As part of the EU, Britain now enjoys the freedom of goods, services, money and people to move across borders with 27 other countries in the region. Brexit will revoke some of those freedoms.

Ruth Lea, an economist with Arbuthnot Banking Group and a Brexit advocate, accused the International Monetary Fund of joining a new round of "Project Fear", a term Brexit supporters use for pre-referendum warnings of the economic consequences of a Leave vote.

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