Liz Truss outlines UK’s trade prospects in Asia

Asia House Corporate Members were updated on the UK’s trade agenda with Asia today (2 September) during a briefing with Liz Truss, Secretary of State for International Trade.

In an engaging and comprehensive briefing, Truss outlined the progress being made in the UK’s Asia trade strategy, and the areas of opportunity emerging for UK businesses in the region.

Digital trade, the merits of the UK’s proposed accession to the CPTPP, and the relationship between free trade agreements (FTAs) and investment were discussed in the off-the-record briefing, chaired by Asia House Chief Executive Michael Lawrence.

Corporate Members joined the in-person discussion to engage with the Secretary of State at a crucial time for UK trade, as Britain seeks to strike deals with markets across Asia. Issues raised around the table included the prospects for a UK-India free trade agreement; efforts to support UK services exports; and the importance of ensuring that mutual recognition of qualifications feature in bilateral trade deals.

The UK’s trade position on China and the reception of the government’s recent green trade report were also discussed.

Convened exclusively for Asia House Corporate Members, the briefing provided an opportunity for businesses to engage with a key decisionmaker at the heart of the UK’s trade efforts in Asia.

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