EU – Baltic States, Investments, Latvia, Legislation, Markets and Companies

He said that the agency has been receiving calls from people inquiring what they should do now and what to expect. Although its citizens in the June 23 referendum voted for existing the bloc, Great Britain is still a fully-fledged EU member. The situation, however, has caused a number of uncertainties regarding developments in the wake of the referendum, which is why only speculations can be made as to Brexit’s long-term implications for business relations, Rubins said.

For the time being the British economy is only feeling the adverse impact from the referendum’s outcome, but issues concerning trade between Great Britain and the EU, customs procedures and investment will have to be dealt with in the future.

According to the final results of the British referendum on leaving or staying in the EU, 51.9% of voters supported Great Britain’s exit from the EU, while 48.1% voted to staying in the bloc.