What can be done to inspire the utilisation of these agreements – and drive growth
Drawing on member experiences and expertise, we have fed into the Department for International Trade (DIT) the steps they can take during the whole Free Trade Agreement (FTA) process to support greater utilisation.
This very much ties into the wider growth agenda, as trade is a key route to growth and increasing it will help to provide growth to all regions and nations of the UK. The utilisation of FTAs is a key priority for DIT and has been spoken about multiple times by the Secretary of State.
Now is the time to build a collective strategy between business and government to drive growth – FTA utilisation should be a key part of this mission.
The recommendations sit in three phases of pre, during and post negotiation, but the consistent theme is that for maximum impact, industry and government need to work in partnership throughout the process and once an FTA is signed there needs to be a cont
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