Flavia Cherry has told the Times that there is no need for undue concern over “Brexit.”
“Brexit” is the name that has been given to a British exit from the European Union (EU).
Voters in Britain will decide whether to leave or remain in the group in a referendum on Thursday.
But Flavia Cherry, who is the Executive Vice President of the Saint Lucia Industrial and Small Business Association (SLISBA), believes there is no need to panic.
Her comments came amid fears that Britain’s departure from the EU could send shock waves across the global economy.
Cherry told the Times that she did not believe a “Brexit” is likely, at least not in the near future.
“I don’t think there should be any cause for alarm because there is a lot at stake for many European states,” she asserted.
Cherry felt that before “Brexit”, a lot would be done at all levels to ensure that the EU remains intact.
“Remember that this is not a consideration that happened overnight,” she explained.
Cherry recalled that the transition took many years.
She observed that there are a lot of resources tied into the current construction of the EU.
The SLISBA Executive Vice President was of the opinion that Britain will stay, but after certain conditions are met.
“I really don’t think that they are in any big rush to leave the EU,” Cherry declared.
She told the Times that she did not think that Thursday’s “Brexit” referendum would result in Britain leaving the EU, at least not now.
“It certainly cannot happen overnight even if there is a yes vote,” Cherry explained.
She told the Times that she is on the consultative committee for the EU and Cariforum.
Cherry said for all the meetings she has attended in Brussels and the Caribbean, the issue of “Brexit” has barely even made much of a discussion.