Brexit news: Boris warned UK must ‘not sit on laurels’ with trade deals | Politics | News

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Since Britain left the European Union, the majority of trade agreements signed with other countries have been so-called rollover agreements, simply mirroring agreements already in place with a member.
Among the deals signed otherwise, criticism has poured in from industry leaders, particularly in farming and farming, over deals that have left UK companies out of pocket and which do not have seen very little benefit in return.

On the other hand, there have been promising signs.

Secretary of State for International Trade Anne Marie Trevelyan has signed agreements with the African Continental Free Trade Area (AfCTA) and has also reached an agreement with the United States to lift tariffs on exports of British steel.

Still, there remains skepticism about a broader trade deal with Washington amid US President Joe Biden’s concerns over the current deadlock in the Northern Ireland Protocol talks.

The president stressed that Britain would remain at the back of the queue until the situation in Ireland was resolved and safeguards were set to protect the Good Friday Agreement.

Speaking about the current situation they find themselves in, and warning that more needs to be done to make Brexit a success, Get Britain Out’s Jayne Adye said: ‘With the world focused on the crisis in Ukraine, it could be easy to forget about the rest of the business the government needs to focus on if we are to continue to operate with our global ambitions as a country – and reap the benefits – now that the UK has left the European Union.

“For too long the UK has been forced to accept trade deals with the EU that were pretty much stuck on the other side of the line.

“The EU had to take the path of least resistance to ensure that every member state was happy with every aspect of its negotiations, rather than adopting a course of action that would bring the greatest benefit to the people of the Kingdom. Kingdom – as we can now do.

“We are now outside the EU, but it should be stressed that many of the trade deals the UK has made so far are ‘rollover’ deals, copying what was already in place, rather updating them to reflect UK interests and priorities now and in the future.

“The renewal agreements were a necessity due to the time constraints the UK faced before the end of the transition period on 1 January 202, however, we must not let the failures of the EU linger when we update past deals and make new trade deals, undermining the full potential of an independent UK.

“Even when we have struck unique and bespoke trade deals with partners around the world, the Department of International Trade cannot afford to sit on its laurels while admiring its work.

“We must learn from Brussels’ mistakes and keep moving forward to develop new trade deals at every opportunity.”

Speaking on how this can be achieved, Ms Adye said it is incumbent on the Prime Minister to increase funding for the Department of International Trade and focus more on domestic issues rather than those of Ukraine.

She said: “It is essential that the Prime Minister ensures that the Department for International Trade receives the additional funding it needs to ensure the UK is in the best possible position to benefit from the global economy. constantly diversifying.

“To invest properly in a department founded in 2016 – and still in the process of getting started – would be a much better use of taxpayers’ time and money, rather than the incredibly myopic, but significant, restructuring that would have taken place at the Department of Business. foreign to change all focus on Ukraine.

Ms Adye also suggested that Ms Trevelyan had to deliver results or face the consequences.

She said: “Just as our attitude to trends in the global economy must be flexible, the Prime Minister must also ensure that he closely monitors the Department for International Trade and be prepared to change Secretary of State. if Anne-Marie Trevelyan does not keep the promises made.

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In conclusion, the Get Britain Out defender said Britain must aim high so that it can once again declare itself a ‘world nation’.

She concluded, “Key to the Department of International Trade’s future global trade success will be to constantly seek improvements and always aim for ambitious agreements that others might deem impossible.

“One thing is certain, now that we have successfully brought Britain out of the European Union, we cannot allow our global ambitions to be neglected.

“In an ever-changing commercial market, we must be prepared to be flexible in the face of new trends and opportunities around the world.”

Has Britain been left behind when it comes to trade deals since leaving the European Union? Should Britain make a deal with India that appears to support Moscow? Have the agreements signed so far brought benefits to UK industry? Let us know what you think by CLICKING HERE and joining the conversation in our comments section below – Every voice counts!

According to a report by the Independent in November 2021, Britain has lost significant trade revenue since leaving the EU.

Political correspondent Jon Stone said: “All of Boris Johnson’s new post-Brexit trade deals will have an economic benefit of just £3-7 per person over the next 15 years, according to the government’s own figures.

“The small economic boost – amounting to just 0.01-0.02% of GDP and less than 50p per person per year – is dwarfed by the economic hit of leaving the EU, which the government estimated at 4% of GDP over the same period. period.”

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