Shutterstock photoMay Seeks to Reassure G-20 on Brexit's Effect on TradeHANGZHOU, China—At a summit of world leaders worried about anemic global trade and investment, British Prime Minister Theresa May sought to dispel concerns of trade disruption from the U.K.'s decision to leave the European Union. Standing alongside U.S. President Barack Obama, Mrs. May said the U.K. is still open for business and is looking to establish new trade relations around the globe. Besides the U.S., Mrs. May is expected to have preliminary talks about trade relations with Australia and China. But they can't engage in any trade negotiations as long as they're part of the EU," an EU official said. Ahead of the British referendum on June 23, Mrs. May was in favor of the U.K. remaining.

Source: Wall Street Journal September 04, 2016 20:26 UTC