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First meeting of government trade advisory group
Representatives from businesses and interest groups met 6 June to discuss the UKís future trade strategy with the Department for International Trade.
Meeting for the first time, the UKís Strategic Trade Advisory Group will regularly convene to advise the government on the UKís new independent trade policy as we leave the EU.
This includes advising on new trade agreements with the USA, Australia and New Zealand, as well as potentially joining the Comprehensive and Progressive Trans-Pacific Partnership.
The group is comprised of 16 representatives from business, trade union and civil society organisations that cover a wide range of interests from all parts of the UK. It will meet at least 4 times a year and membership will be reviewed on a yearly basis.
This is part of the governmentís commitment to an inclusive and transparent trade policy that works for all regions and nations of the UK.
Dr Fox opened todayís meeting. The group is chaired by George Hollingbery, Minister for Trade Policy at the Department for International Trade ( DIT). A co-chair will be nominated from the membership in due course.
Speaking ahead of the meeting, Dr Fox said:
British businesses create jobs through exports and investment across the UK, so itís crucial that any future trade deals work for them. Thatís why Iím delighted that a range of business and civil society groups will be advising on a new independent trade policy that works for people across the whole of the UK.
As we leave the European Union, we have a golden opportunity to forge closer trading partnerships and negotiating ambitious trade agreements with the USA, Australia and New Zealand is a top priority.
At todayís meeting the group discussed market access and the departmentís strategy for engaging with stakeholders on trade policy.
Gary Campkin, Managing Director, External Relations and Strategic Issues, TheCityUK, said;
As the UK looks to expand its global trade and investment relationships, ensuring a clear focus on its economic strengths, such as our world-leading services sector, will be vital. It is crucial that future trade agreements are ambitious and forward looking, including for financial and related professional services, which is the UKís leading exporting industry.
The next meeting with take place in the autumn.