REPUBLIKA.CO.ID, JAKARTA -- The pro-Brexit group's victory in the British referendum on July 23, which determines to leave the European Union (EU), will not have a major direct impact on Indonesia, stated Vice President Jusuf Kalla.

"The effect on us will not really be major but will result in an increase in protectionist tendencies in several countries," the vice president noted here on Friday.

According to Vice President Kalla, Indonesia will continue to maintain good relations with the United Kingdom and the EU without being influenced by the Brexit victory sentiment.

"Indonesia is not really affected as it is the same whether it exports to the United Kingdom or to the European Union. The impact will be largely felt within the EU," Kalla noted.

Kalla pointed out that the negative sentiment may lead to a rise in protectionism between Great Britain and the United States, which has strong economic ties with the EU.

"This especially holds true at a time when the US economy is passing through a gloomy phase," Kalla said.

Although no major impact will be experienced by Indonesia, the vice president admitted that Brexit will trigger a negative sentiment among foreign investors who have invested in the United Kingdom, including those from Indonesia.

"It (Brexit) can also lead to the adoption of similar policies in many other countries, as seen by the current slide in foreign investments in the United Kingdom now that investors cannot travel freely across Europe, producing negative results for stocks with diverse coverage," Kalla stated.

Xin Hua reported from London that the British people, who want their country's "Exit" from the EU, on Friday morning local time had won the Brexit (British exit from the EU) referendum by 52 percent from 72 percent of the submitted votes.

Of the total votes, more than 17 million people voted Britain to revoke its membership from the EU, while 16 million others chose to remain as part of the EU.

The referendum results will lead to Great Britain withdrawing its EU membership after being a member for 43 years.

Great Britain became the first country to leave in the 60 years' history of the European group's existence.

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