India, Sept. 22 -- The exit of Britain from the EU would weaken the bloc. The UK being one of the wealthiest and influential nations, its departure might impair the cohesiveness and effectiveness of the EU. Further, it may trigger more such exit demands from some other members, delivering a potential threat to the survival of the EU. International Monetary Fund (IMF) has already warned about the economic impact of Brexit - reducing trade, investment and economic growth - on the entire the EU region. It would make the mega investors nervous and could spark a sharp drop in the stock markets and volatile swings in the currency exchange rates across the continent.

Since June 23, 2016, when the final Brexit vote took place and the majority of...