Britain is back and ‘open for business’, says trade policy minister on boosting economic ties

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Southeast Asia, in particular, is a “huge commercial market” for the UK, says British Trade Policy Minister Douglas Alexander.

British Prime Minister Keir Starmer leaves 10 Downing Street in London, Britain September 4, 2024. Britain, under his new Labour government, is pursuing new trade ties with the rest of the world. Southeast Asia is among the key engines of global growth in the years to come and poses “a huge commercial market”, said British Trade Policy Minister Douglas Alexander.

“We are here with a very straightforward and open message: Britain is back and we're open for business,” he told CNA on Wednesday . “But I genuinely believe that liberalising trade and securing effective free trade agreements can be actual win-wins for both of the parties.” “The Indo-Pacific is basically the fastest growing region in the world,” said British Minister for the Indo-Pacific Catherine West on the sidelines of the Milken Institute’s Asia Summit in Singapore.

“All those messages got very confusing. So what we wish to do as a very stable, long-term government is to audit our current arrangements within our departments and also to give our businesses lots of clarity on where we see the opportunities.”

 

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