Slow progress on UK trade

Containers are loaded onto trucks at Dover Port in Dover, Britain, 16 August 2020. [EPA-EFE/ANDY RAIN]

The Department of International Trade has made little progress in supporting economic recovery following the first wave of the pandemic, or in advancing the UK’s future trading relationships, according to a report by UK lawmakers on the Public Accounts Committee.

The report published Wednesday (28 October) also warns that new trade agreements between the UK and third countries will primarily benefit larger firms, and that little progress has been made towards Boris Johnson’s government’s ambition to grow exports to 35% of UK GDP.

(Benjamin Fox | EURACTIV.com)

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