{"id":3817,"date":"2016-08-10T09:44:57","date_gmt":"2016-08-10T14:44:57","guid":{"rendered":"http:\/\/itn.mattrock.ca\/?p=3817"},"modified":"2024-08-09T18:27:12","modified_gmt":"2024-08-09T16:27:12","slug":"united-kingdom-makes-trade-and-investment-negotiation-moves-for-post-brexit-era","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2016\/08\/10\/united-kingdom-makes-trade-and-investment-negotiation-moves-for-post-brexit-era\/","title":{"rendered":"United Kingdom makes trade and investment negotiation moves for post-Brexit era"},"content":{"rendered":"<p>On July 8, 2016, Sajid Javid, former Business Secretary for the United Kingdom,\u00a0<a href=\"https:\/\/www.gov.uk\/government\/news\/business-secretary-to-launch-preliminary-trade-talks-with-india\">launched preliminary talks with India<\/a>\u00a0on a future trade relationship between the two countries as soon as Britain formally leaves the European Union. \u201cFollowing the referendum result,\u201d Javid stated, \u201cmy absolute priority is making sure the UK has the tools it needs to continue to compete on the global stage. That is why I am in India today to launch these initial trade discussions.\u201d<\/p>\n<p>Before taking a different office within the British government on July 14, Javid expressed the British government\u2019s intention to build its trade capacity by hiring up to 300 staff, including trade negotiators, and to visit other key trade partners, including China, Japan, South Korea and the United States.<\/p>\n<p>British Trade and Investment Minister Lord Price concluded his\u00a0<a href=\"https:\/\/www.gov.uk\/government\/news\/trade-and-investment-minister-works-towards-deeper-trading-relationship-with-hong-kong-and-china\">first official trip to China and Hong Kong<\/a>\u00a0on July 11, where he also focused on strengthening trade and investment relationships. He said he was optimistic about the future and added that \u201ca number of countries have already expressed interest in the idea of trade talks with the UK.\u201d<\/p>\n<p>On the same day, Chancellor of the Exchequer\u00a0<a href=\"https:\/\/www.gov.uk\/government\/news\/chancellor-kickstarts-work-on-building-stronger-economic-and-trade-relationships-with-britains-closest-international-partners\">George Osborne<\/a>\u00a0went to New York to speak with leading figures on Wall Street, and would continue in missions to China and Singapore to discuss trade and investment. In a statement, he said: \u201cBritain may be leaving the <span class='tooltipsall tooltipsincontent classtoolTips117'>EU<\/span>, but we are not quitting the world.\u200e We will continue to be a beacon for free trade.\u201d<\/p>\n<p>Canadian Trade Minister Chrystia Freeland told the media that her team has been having\u00a0<a href=\"http:\/\/www.theguardian.com\/politics\/2016\/jul\/15\/uk-canada-advice-post-brexit-trade-deals-eu-ceta\">\u201ctechnical exchanges\u201d with the United Kingdom<\/a>\u00a0on the Canada\u2013European Union Comprehensive Economic and Trade Agreement (<span class='tooltipsall tooltipsincontent classtoolTips41'>CETA<\/span>), indicating that Britain is seeking Canada\u2019s advice on negotiations for a post-Brexit trade and investment agreement with the European Union. CETA is Brexit Minister David Davis\u2019s\u00a0<a href=\"http:\/\/www.theguardian.com\/politics\/2016\/jul\/14\/global-bilateral-trade-deals-bigger-eu-single-market-david-davis\">preferred model<\/a>\u00a0for a post-Brexit relationship with the bloc.<\/p>\n<p><em><a href=\"https:\/\/www.iisd.org\/itn\/2016\/08\/10\/news-in-brief-24\/\">More News in Brief<\/a><\/em><!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips32','International Institute for Sustainable Development<!--more-->'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips33','Institut international du d\u00e9veloppement durable'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips34','Instituto Internacional para el Desarrollo Sostenible'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips41','Comprehensive Economic and Trade Agreement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips76','multilateral investment court'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips118','Union europ\u00e9enne'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips119','Uni\u00f3n Europea'); <\/script>","protected":false},"excerpt":{"rendered":"<p>On July 8, 2016, Sajid Javid, former Business Secretary for the United Kingdom,\u00a0launched preliminary talks with India\u00a0on a future trade relationship between the two countries as soon as Britain formally leaves the European Union.<script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[397],"tags":[1932,1941,1949,1926,1969],"class_list":["post-3817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bits","tag-canada","tag-ceta","tag-eu","tag-uk"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/3817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=3817"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/3817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=3817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=3817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=3817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}