Post-Brexit UK faces '3D chess game' in world trade

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

After its divorce from the European Union takes effect on Friday night, Britain will be free to negotiate its own trade pacts for the first time since joining the bloc in 1973.

The day after Brexit,"Global Britain" was meant to regain the buccaneering spirit of imperial times past and adopt a new vision for foreign trade. Reality has proven messier.

He vowed that a new deal with the EU itself"absolutely can be done" before the transition period ends, but also warned anxious British business chiefs to prepare for the two sides to diverge in their regulatory regimes. "There are difficult trade-offs. Ministers seem notably reluctant to acknowledge that," she told AFP.

Fox's successor, Liz Truss, said in parliament last week that the aim was to forge agreements with countries accounting for 80 percent of British trade within three years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pompeo takes on growing rift with Brexit BritainUS Secretary of State Mike Pompeo visits London on Wednesday to salvage a post-Brexit alliance with an old friend whose defiance on China and Iran ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US Secretary of State Pompeo takes on growing rift with Brexit BritainLONDON (AFP) - US Secretary of State Mike Pompeo visits London on Wednesday (Jan 29) to repair a post-Brexit alliance with an old friend whose defiance on China and Iran underscores Washington's diplomatic isolation.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

London's 'City' is banking on wide appeal post BrexitLondon's powerful 'City' financial sector, facing reduced access to mainland European markets following Brexit, is banking on its global appeal to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Wanted Catalan separatist hopes Brexit brings immunityCatalan separatist Clara Ponsati has not set foot in her native Barcelona for two years for fear of the Spanish authorities. But her circumstances ... Yet if she represents a constituency located within the SchengenArea, she may find that her immunity disappears because all that it may take will be for a judge in one of those countries to endorse the European Arrest Warrant put forward by the government of her native Spain.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Brexit to be sealed with final Brussels voteBrexit to be sealed with final Brussels vote
Source: BusinessTimes - 🏆 15. / 51 Read more »

Trump's 'massive' US-UK trade deal faces big hurdlesBritain is the United States' closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »