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Out and into the world: Can Britain reclaim free trade?

28 September 2020, 9:45am

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Out and into the world: Can Britain reclaim free trade?

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Video broadcast

Out and into the world: Can Britain reclaim free trade?

28 September 2020, 9:45am

Following Brexit, the UK can strike its own free trade deals with nations around the world. Already 20 such agreements have been completed, covering 50 countries and territories, but these deals account for less than 9% of UK trade.

As Britain aims to collect more trading partners and ramp up its global outreach, the big questions facing post-Brexit Britain are as much about identity and deciding Britain’s role in the 21st century as they are about business: as recently as February the Prime Minister promised to be a force for free trade, but foreign policy towards China has already shifted to the extent where it may be difficult to quickly complete any trade deal with the world’s second-biggest economy. But while ambiguity may linger over Britain’s future trading agreements, for the first time in decades, the decisions made belong to the UK alone.

For decades Britain has delegated its trade policy to the EU. Join us, as we discuss how the country can now set its own course on free trade.

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