Lord Green, Chairman of Asia House, has said the “freedom for manoeuvre” that the UK possesses after leaving the European Union presents a number of opportunities, “if Britain chooses to use it wisely.”
While describing himself as “a passionate remainer,” Lord Green outlined some potential prospects for the UK during his closing remarks at this year’s Asia House Global Trade Dialogue.
These include the UK application to join CPTPP, which “would send a very clear signal that Britain is open for trade, and means to be a very prominent advocate of open trade on the world stage,” Lord Green said.
The former UK trade minister also highlighted the benefits of economic partnership agreements with developing countries around the world.
“In some parts of Asia, Africa and Latin America, there are opportunities for Britain to strike up agreements with developing countries that are more imaginative, and will allow those countries to move further up the value chain than typical EU economic partnership agreements do.”
But with this year’s Asia House Global Trade Dialogue exploring tech disruptions, geopolitical uncertainty and the unanswered questions of Brexit, Lord Green noted that trade policy is an issue that will continue to require engagement going forward.
“These shifts are going to keep us all very focused on trade dialogue for a long time to come,” he said.
WATCH LORD GREEN’S REMARKS HERE