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Trade secretary calls London deal with TPP an investment in a new company

Trade secretary calls London deal with TPP an investment in a new company

The UK trade deal with the Trans-Pacific Partnership should be seen as an investment in a start-up “that will grow”UK Business and Trade Minister Kemi Badenock said on March 31 in an interview with Sky News.

According to Badenock, this agreement cannot be seen as an alternative to trade with the European Union. “I would like your viewers to understand that this is not a replacement for trade with the EU, but an addition to trade with the EU.said the minister. — we have EU [соглашение о свободной торговле], every day we work to do better, but we can also do more outside the EU. And that’s what it’s all about. So people should look at these forecasts in terms of buying a startup that will grow and become huge in the future.”

“It’s not about what you’re doing today, it’s about the potential, the synergy. And that’s why it’s really exciting.”she added.

Badenock noted that after about seven years, about 40% “global middle class” will live in the Indo-Pacific region, and the UK creates “new ways” to facilitate trade.

Also read: The United Kingdom announces its accession to the Trans-Pacific Agreement on Economic Cooperation

Source: Rossa Primavera

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