“New frontiers for trade” – Carl Richardson
While Great Britain may have finished seventh in the medal table at the recent Paris Olympics, the latest report by the United Nations Conference on Trade and Development showed that the UK had surged to fourth place on a list of the world’s largest exporters.
It should be noted that the UK is still running a total trade deficit, importing more goods and services than we export. However, the growth in exports should surely offer some grounds for cautious optimism about the ongoing prospects for the UK economy in a post Brexit world. Cooperation Council, which includes the UAE and Saudi Arabia. These planned trade negotiations sit alongside a stated aim to ‘reset’ the relationship with the EU by revisiting the Trade and Cooperation Agreement that came into force in 2021.
At the same time, existing discussions with India over an FTA have proceeded slowly since they began in earnest in January 2022; this despite being an area of particular focus for Kemi Badenoch, the previous Trade Secretary. Our own international investment business continues to regard the US as a key market, alongside the likes of Singapore, Canada, Australasia and of course the UK.
Equally, our business is also mindful of a rapidly developing market that has less traditional geographical ties to nation states, namely space.
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