/ world today news/ While the Northern Ireland Protocol harms internal trade and threatens with serious job losses in the United Kingdom, the country after Brexit has turned its attention to the development of foreign trade, writes the Daily Express. Britain is currently negotiating a trade partnership with India and Australia and is preparing to begin work on agreements with Canada and Mexico.
Britain is opening trade talks with a number of foreign countries amid damage to domestic trade caused by the Northern Ireland Protocol (NIR) after Brexit, the Daily Express reports.
UK Foreign Trade Secretary Liz Truss said next week, aiming to “a bright future after COVID-19“, the country will start trade negotiations “from the next generation” with Canada and Mexico. With the help of the agreements reached, the country intends to “harness the potential of the digital revolution to drive innovation and accelerate the pursuit of green growth“.
Britain is also expected to begin work on an agreement with India in the near future. The agreement to improve trading partnerships, London hopes, will achieve the ambitious goal of doubling the kingdom’s total trade by 2030. That figure currently stands at £23 billion a year.
Moreover, now “coming up” free trade agreement with Australia. This is expected to be agreed in the coming weeks.
“The deal will be the first ‘start from scratch’ for the UK after leaving the EU. It will support jobs across the country as it boosts the export of brilliant goods and services and strengthens ties with a friend and ally who shares our values and beliefs,” Truss said.
The country’s foreign trade minister also noted that the UK would become the first member of the Trans-Pacific Partnership without being a founding member, “opening access for British business to 11 vibrant markets in the Pacific region“.
As the Daily Express notes, however, not everyone shares the optimism about future UK deals. More and more Britons fear the damage to trade caused by the Northern Ireland Protocol.
In fact, the Post-Brexit Agreement actually created a trade border with the UK to keep the border with the Republic of Ireland open. Customs checks are currently being carried out at the provisional border between the UK and Northern Ireland as Belfast retains its membership of the EU’s single market and customs area.
The Democratic Unionist Party’s Brexit spokesman Sammy Wilson said the Northern Ireland Protocol had already damaged UK trade and now threatened to cost many jobs.
According to the policy, since the entry into force of the protocol, imports into Northern Ireland from the Republic of Ireland have increased by 28%, displacing trade with the rest of the UK. Wilson insisted on immediately starting work on creating new agreements that would meet the interests of both sides.
Translation: ES
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