Preparing for our future UK trade policy
As we negotiate our exit from the European Union, we have a once in a lifetime opportunity to build a stronger, fairer and more prosperous United Kingdom that is more open and outwardlooking than ever before. For the first time in over forty years, the UK will have its own independent trade policy.
Global trade has had, and continues to have, an overwhelmingly positive impact on prosperity in
the UK and around the world. In the last three decades, commercial liberalisation has lifted more people out of abject poverty than at any other time in human history.
However, there continues to be widespread concern about the benefits of free trade and how evenly these are spread across the whole of the UK. We must recognise that whilst globalisation has spread prosperity and lifted millions out of poverty, some have felt left behind. Aligning our domestic Industrial Strategy and our trade ambitions will be key to delivering the innovative, competitive and growing economy that benefits individuals and communities, and will ensure the value of trade is shared more widely.
The UK already has a well-established and respected track-record in championing free trade from within the EU. As we exit the EU, the UK will build on this to play a leading role in the global rulesbased multilateral trading system, as well as expanding our existing bilateral trading relationships.
As we develop our own independent trade policy and look to forge new and ambitious trade relationships with our partners around the world, we will build a truly Global Britain upon a strong economy with open and fair trade at its heart.
Foreword from the Secretary of State for International Trade and President of the Board of Trade
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