Brexit Could Impact French Wine Trade

When the Brexit result was announced, the world paused. The value of the British Pound dropped to its lowest level in over 30 years, UK Prime Minister David Cameron resigned and according to the Guardian, the panic caused by Brexit wiped $2 trillion from the value of global markets. But it may have a positive effect on French wine trade, writes Ideal Wine Company.

Brexit and wine  

Last week we discussed how Australian wine makers could benefit from Brexit. This week Ideal Wine Company look at the impact Brexit may have on the French wine trade.

It is not yet clear how Brexit will affect the worldwide wine sector. Decanter writes that the UK is the 6th largest wine consuming country on earth, so it is likely that Brexit will re-shape the international wine market in some way, shape or form.

Read in full at the Ideal Wine Company Blog site.