Saturday, 2 July 2016

The UK is open for business and the world is knocking at our door

Two Republican senators have introduced a UK Trade Continuity Act to the US Senate to confirm existing Anglo-American trade agreements and establish a bilateral trade deal within 12 months.

Iceland has invited the UK to join a "triangle of nations" in the north Atlantic that aren't part of the EU. The President of Iceland seems to be envisaging a trade alliance with the UK, Iceland, Norway, the Faroe Islands and Greenland.

New Zealand has offered to send its top trade negotiator to draw up a trade agreement between the UK and New Zealand whilst Australia and South Korea have called for "immediate talks" on free trade with the UK. India and Canada have also contacted the British government to start trade talks whilst Mexico has already drafted a free trade agreement in anticipation of a Brexit vote.

So much for being "back of the queue" and alone in the world.