The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy, reports Trend referring to Reuters.
“It’s a choice. It’s democracy, we have to respect it. (But) I think it’s a fundamental mistake,” Total CEO Patrick Pouyanne told an industry conference in Aberdeen, Scotland, on Tuesday.
“Everything that is an export activity will face taxation. That could be a real issue for the UK economy, not for Total,” he added, pointing to refining and car parts.