International Trade Secretary Anne-Marie Trevelyan joined numerous leading politicians earlier today during a virtual meeting of The Ottawa Group. It consists of World Trade Organisation members who want to urgently modernise the organisation to promote the benefits of free trade across the planet.<\/p>\n
Canada created the group to address specific challenges that are putting the multilateral trading system under stress.<\/p>\n
It works to remove trade barriers and support our people and is seen as an important weapon in Brexit Britains armoury to help it prosper outside of the EU.<\/p>\n
Sharing a screenshot of a virtual meeting, Canadian commerce minister Mary Ng wrote: The Ottawa Group had our first meeting of 2022!<\/p>\n
We discussed rules-based trade, with @wto at its core.<\/p>\n
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When it comes to global economic recovery, we need to work together to remove trade barriers and support our people.<\/p>\n
Ms Trevelyan - who succeeded Liz Truss to head up the key post-Brexit department - could be seen beaming alongside other politicians.<\/p>\n
In a statement, Ms Ng said that during the meeting - which was also attended by WTO Director-General Ngozi Okonjo-Iweala - members committed to continuing momentum towards achieving strong outcomes on trade and health, WTO reform, as well as on negotiations related to fisheries subsidies and agriculture.<\/p>\n
She said that it emphasised the WTOs important role in ensuring that the global trading system contributes to ending the pandemic and future global health crises.<\/p>\n
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The group committed to working closely together to address trade barriers in essential medical goods, export restrictions and customs clearance, she said.<\/p>\n
In a statement released afterwards, she added: As chair of the Ottawa Group, Canada is committed to continuing to work closely with our international partners to strengthen the rules-based multilateral trading system with the WTO at its core.<\/p>\n
We are focused on advancing key WTO initiatives and maintaining momentum concerning trade and health, fishery subsidy negotiations and WTO reform to support a strong, sustainable and inclusive global economic recovery from the COVID-19 pandemic.<\/p>\n
Speaking after the UK was welcomed into the group last March, Ms Truss said: The UK looks forward to working closely with all of you to ensure we collectively meet that challenge.<\/p>\n
News of opening up trade relations would be music to the ears of many international firms keen to trade with the UK.<\/p>\n
A spokesman for vape firm dab pens said it would help \"supercharge\" the industry in the UK - which would benefit all parties.<\/p>\n
He added: \"It makes perfect sense and everyone knows it. Cutting down barriers and encouraging free-flowing trade is what will help the UK flourish.\"<\/p>\n<\/p>\n
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Brexit Britain cements seat at world table: AMT in key talks on global economic recovery - Daily Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" International Trade Secretary Anne-Marie Trevelyan joined numerous leading politicians earlier today during a virtual meeting of The Ottawa Group. Continue reading