Categories: Business

UK trade policy : A comprehensive strategy for a new beginning

UK, the trading nation is soon to commence the final chapters of trade with European Union, with many unknowns still to be determined. Will the trades embark or will the negotiations break down is biggest question arising now.

As the trade today impacts every aspect of life, the food, the goods and services we produce and even those who provide public services. Entire nation depends on the trades and it is important to get it right.

Acknowledging the past mistakes, recognizing the areas which needs more expertise and working towards a greener, sustainable economy. UK being the innovative nation with rich expertise and ideas and international networks, yet needs more attention to protect and promote such assets.

When the post Brexit transition period ends and UK leaves single market on December 31st, the financial links with European Union will be less fluid , and the British firms might lose their passport rights that allow the selling of funds , debt , advice and insurance to clients across EU.

In G7 countries like Japan account for 14% of world sector in 2018. Meaning a private sector as a whole has an essential role to play in national debate.

All stake holders have an important role to play and therefore should be involved in decision making to bring top tiers expertise to help forge the best outcomes for the nation.

We have much to learn from the countries such as Japan, to seize the best opportunities and practice the best effective partnerships between government and business- all united towards a common end. To embrace a more inclusive approach and face the challenges in unity. And that will be a true effort from the nation, an endeavor to help build a better kingdom, Global Britain for the common good of all.

WIN

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