US-UK trade deal progress discussed by Badenoch
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Kemi Badenoch has unveiled plans to knock down “unnecessary” trade barriers as the ardent Brexiteer pledged to make the most of Britain’s decision to sever ties with the European Union. The International Trade Secretary set out her strategy during a speech at Lancaster House yesterday in which she outlined five key priorities.
And the former Tory leadership contender, seen as a rising star within the party, promised to be the nation’s “biggest defender, keenest saleswoman, and proudest backer”.
She told guests including Creative Nature CEO Julianne Ponan and Scanning Pens co-founder Jack Churchill, both honoured for their services to industry in the New Year’s Honours: “Everything the Department for International Trade does is about creating economic growth, whether it’s supporting exporters, securing foreign investment to create UK jobs, or building the global security in trade – working with old friends and new – to help British businesses thrive.
“In doing all that, we have an exciting vision to sell.
“Of a high-skill, high-tech economy with the capability to thrive in the modern world. And one that is finding the life sciences solutions for a healthier world.”
Ms Badenoch listed her priorities as:
- Removing trade barriers – DIT will knock down 100 unnecessary blockers standing in the way of helping UK businesses sell more and grow more, creating new jobs and paying higher wages
- Grow UK exports every year until the Race to a Trillion target – selling more than a trillion pounds of goods and services to the world a year by 2030 – had been reached, with exports currently at more than £800 billion
- Making the UK the top investment destination in Europe, attracting new investment into communities and helping to level-up the country
- Sealing high quality deals with India and CPTPP – countries with a combined population of almost two billion consumers – opening exciting opportunities in fast-growing markets for years to come
- Defending free trade, and making the world more secure by strengthening supply chains and standing up to protectionism.
Ms Badenoch said: “We are a trading nation at heart and by tradition.
“So we know that free trade is the surest way to prosperity that the world has.
“So that’s the pitch. I will be your biggest defender, your keenest saleswoman, and your proudest backer.
“Because the success of business is the success of the British people – more jobs, higher pay, and better lives.”
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