Brexit will benefit trade and travel industry as UK pound will be cheaper in the short term

Dubai, UAE, June 26, 2016: 

Brexit will benefit trade and travel industry as UK pound will be cheaper in the short term as UK is a very popular destination from UAE.  It will become more affordable to visit.  Indian investments in UK companies will get a boost.  Goods and services coming from UK will be cheaper along with real estate in UK in general.  UK has very good financial condition with thus UK companies will be more competitive.  Indian companies will benefit as UK companies will be looking for new partners.  COMMENTS GIVEN By Kamal Vachani, Regional Director, Electronics and Computer Software Export Promotion Council  (ESC) for the Middle East and Group Director, Almaya Group, Dubai.