The Government has a busy two-plus years ahead. Not only does it have to get a good deal out of Brussels and Berlin, which it should, but it also has a duty to open up trade links with the much bigger world lying beyond Europe’s shores, the Commonwealth in particular. Leave.EU will be making its expectations known by closely following the Government’s activity, offering analysis on what’s being done and recommending what should be done.
LEAVE.EU INSIGHT AND ANALYSIS
Leaving the European Union is a unique opportunity for Britain to play to its strengths in an increasingly globalised and interconnected world.
The nature of global trade has changed beyond all recognition since we joined the EEC in 1973. The architects of the European Union knew nothing of the internet, modern communication technology, low-cost air travel, and mass container shipping. Today it is as easy to agree a transaction in Columbo or Calcutta as it is in Berlin or Bratislava. Moreover, Britain has a natural advantage in English speaking countries. With its ties around the world through migration, trade, and shared culture, it makes no sense for the UK to be locked into a regional customs union.
Addressing Britain’s new-found freedom to arrange trade deals on her own terms, Liam Fox has been appointed in a new key role in Theresa May’s Cabinet – Secretary of State for International Trade. This new role clearly emphasises Britain’s desire to be trading around the world, moving towards a broader focus than just Europe.
One key gain of leaving the EU will be the restoration of Britain’s seat on the World Trade Organisation. The Commonwealth will also play an important role in Britain’s post-Brexit global position. Countries such as Canada, Australia, and New Zealand have already voiced a desire to sign trade agreements with Britain. Liam Fox has already established a working committee with our Australian cousins to prepare trade terms to be signed as soon as is legal.
At the outset of the “Asian century”, interest from India, China, and South Korea opens the door to huge trade opportunities that did not exist before. Global growth forecasts for Asia and for the Commonwealth greatly outstrip those of the Eurozone. Rising economic actors across Asia, Africa, and South America offer unlimited opportunities for UK business.
Now is the time for Britain to go global. Unleashed from the shackles of a declining European customs union and its increasingly burdensome regulations, Britain can flourish as a global player like never before!
TRADE NEWS & BLOG
19 December 2016 Liam Fox has raised big questions about the UK’s future relationship with the EU. Secretary of State for International Trade and key Brexiteer Liam Fox has stirred discussion by floating the idea that Britain could remain in the European Union Customs...
12 October 2016 This week has seen further good news for Dr Liam Fox's vision of a global Britain. Since being appointed Secretary of State for a new Department for International Trade, Dr Liam Fox has worked hard to set out a bold, optimistic vision for an...
28 June 2016 As a massive economy and a net importer of EU goods, the UK is well placed to get what it wants from the EU. Here's a breakdown of existing options The UK remains a member of the EEA The 'Norway Option' offers the easiest transition from EU membership....