Good intentions will not make Britain a great trading nation again, says the Institute for Government, an independent think tank that promotes more effective governance. And what will be required, if Britain is to make the most of the opportunities available after it leaves the EU, are not just trade deals but a coherent trade policy.
The report,
Taking back control of trade policy, makes nine key recommendations. They include assembling a small cadre of specialist trade negotiators; maintaining engagement with devolved administrations, businesses and consumer and environmental groups; prioritising continuity of existing EU free trade agreements, particularly with Canada, Singapore, South Korea, Switzerland and Turkey; and beyond these, making deals with Australia and New Zealand, and avoiding sinking resources into negotiations with the BRIC countries (Brazil, Russia, India and China) or the USA. Read the report in full
here.
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