It will have a transient impact which reverses itself in due course: Jaitley on Brexit

Arun Jaitley, Jagmohan Dalmiya, Dalmiya’s Son, Avishek Dalmiya
Arun Jaitley visits Jagmohan Dalmiya's Kolkata residence to offer condolence

Beijing: Finance Minister Arun Jaitley today stated that Britain’s decision to opt out of the European Union will have a transient passing impact on India as the emerging economy has strong economic fundamentals and the resources to counter any eventuality.

Jaitley is on a five-day visit in China and there he said: “It will have a transient impact which reverses itself in due course.”

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He further stated: “If fundamentals of an economy is sound, impact of this, beyond initial days, gets diluted.”

 

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