The Conservative Party MP and former secretary for International Trade Liam Fox has said during an interview that it is very important for the UK and European Union to have a good and open trading relationship post-Brexit.
Liam Fox MP has stated that a trade deal between Britain and the EU would provide a boost of confidence to the global trading systems amid a global pandemic. Mr Fox has said: “We want to see Brexit done, I still hope we will see a good open trading relationship between Britain and the European Union. I think that now goes beyond the bilateral relationship. It is obviously good for Britain and our European partners to have open liberal trade between us. I think now the global trading system is slowing down because of COVID, we have the COVID emergency on top of that”.
Mr Fox went on to say “We may well be seeing problems with global unemployment, a spike higher than we have seen since the Great Depression. It is very important that all countries understand that they need to do even more to keep trade moving. I think a good agreement between Britain and the EU would give a boost of confidence to the global trading system at a time when it very much needs one”.
Liam Fox is not the first person to suggest this. The LBC presenter Ian Dale cited the coronavirus pandemic as a potentially helpful factor. Mr Dale said “I am more hopeful that we will get a trade deal by the end of the year than I was a few months ago. I think coronavirus has helped in a bizarre sort of way because every economy in Europe is going to be hit by coronavirus, particularly those in northern Europe and of course our own. So, the last thing I think anybody wants is a deal not to be done”.
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Current Affairs Correspondent | My name is Oliver Down I am 22, and a staunch brexiteer. I am a Bristolian lad who studied politics in Leicester. I believe in free speech and accurate journalism and I won’t be afraid to give you “the other side” of the story!
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