MOSCOW (Sputnik) — The United Kingdom will be negatively affected, especially in terms of economic growth, by its decision to prioritize migration control over single market membership, Dutch Prime Minister Mark Rutte said Thursday.
"[The UK] is now making a choice to control migration, and they are paying a huge price because the economic growth rate of the UK will be impacted negatively by the fact that it will leave the biggest market in the world. So they are willing to pay the price, but it has also a consequence for the rest of Europe but particularly for the UK," Rutte said at the World Economic Forum in Davos, as quoted by The Guardian newspaper.
The United Kingdom held a referendum on June 23, 2016, deciding to leave the European Union. May said the country would trigger the Article 50 of the EU Lisbon Treaty by the end of March, which would mark the beginning of the withdrawal negotiations, as well as negotiations on free trade with London's international partners.