EU – Baltic States, Latvia

According to him, if Brexit ends without an agreement, then economically it will be much more negative than if an agreement is reached. In addition, there will be negative consequences for the EU as a whole and for Britain itself. The Vice-President of the EC also emphasized that the negotiations were continuing and expressed hope that a last-minute agreement would be reached.

"It is important for us to achieve a level playing field. Britain wants access to the EU market without tariffs and quotas. The EU, for its part, is ready to agree to this, provided that Britain does not deviate from EU rules in economically important areas," Dombrovskis said, adding that otherwise, by reducing some requirements in certain areas, the UK could gain a competitive advantage over EU countries, and such a situation cannot be tolerated. Dombrovskis acknowledged the agreement related to fisheries as a separate problem.

The EU Trade Commissioner emphasized the importance of the United Kingdom respecting the agreements already reached with the EU, in particular the so-called withdrawal agreement. Dombrovskis pointed out that the United Kingdom has now passed certain laws and regulations that violate this agreement. "There is a clear signal from the EU that we can conclude new agreements if Britain respects existing ones. If they are not respected, then it is difficult to conclude new agreements," Dombrovskis said.

Regarding the worst case scenario, if the negotiations with Great Britain do not move forward, the Vice-President of the EC said that there will be a negative impact on the EU's, but it will be more pronounced for Great Britain itself.

"It is also clear that geographically, these effects vary greatly from one EU country to another. The country most affected is Ireland, but there are a number of other countries where the impact of a non-agreement Brexit is seen as significant," Dombrovskis said. Latvia is not among those countries that would have the greatest negative impact - trade volumes are not so large with the UK and it believed that trade will be able to continue on the basis of World Trade Organization rules.