With its new Trade Strategy, the government aims to secure the UK’s standing as a global hub for trade and investment
What was announced?
Trading partners
Making the most of the EU-UK Trade and Cooperation Agreement
As well as seeking new arrangements with the EU, like the recently announced EU-UK Common Understanding, the government will look to make the most of our existing trading arrangements.
CBI impact
The CBI has long called for the full implementation of the Trade and Cooperation Agreement and will continue to work with both governments to ensure businesses on both sides of the Channel are benefitting from a smooth trading relationship.
Strengthening the UK-US relationship
In light of tariffs and wider geopolitical instability, a strong transatlantic relationship is critical to the UK’s growth. In addition to the recent UK-US Economic Prosperity Deal, the government reaffirmed the UK’s commitment to secure a transformative technology partnership with the US.
CBI impact
This technology partnership aligns with the CBI’s call