Trade Secretary Dr. Liam Fox today announced that the UK has secured a trade deal worth £1.5 billion. Not only that, but another £75 million in trade agreements have been agreed. This is, inarguably, a huge boost for a post-Brexit Britain. And it’s proof that Britain can easily survive outside of the European Union.
For these deals to be made not just after the Brexit vote, but during a completely unstable Brexit negotiation period, shows the resilience of the British economy. It also shows that Britain is in demand. This is obviously the case, this has always obviously been the case, and this obviously is always going to be the case. Economies don’t care about petty little political issues. If we leave the EU, people will still want to trade with us.
Fox announced the deal had been secured by a British company, which will deliver natural gas to Cameroon. Other deals have been made between the UK and India, Turkey, Panam, and Qatar – countries al outside the European Union.
The Express reports that British businesses have been capitalising on recent visits to the UK by the Presidents of Turkey and Panama, and the Minister Secretary General of Cameroon. These are some of the quickest-growing economies in the world, and they are eager to trade with the United Kingdom, regardless of ongoing uncertainty of our future relationship with the European Union.
The G7 Summit also shows that there are significant deals to be made with countries outside the European Union, with Canada, Japan, and the United States sitting down to discuss trade with our Prime Minister. Well, I should say Canada and Japan – Theresa May has hardly done herself any favours but frequently and publicly attacking Trump.
It’ll be interesting to see the result of the G7 Summit, regardless. But in the meantime, we should consider these new trade deals a positive sign. If we didn’t have politicians in the Commons scaremongering, then these deals would be coming in thicker and faster.
Even amongst the chaos, even amongst the betrayal in the House of Commons, and even amongst the scaremongering, the British economy is holding up and new trade deals are being made. And once we leave the EU, even if it’s without a deal, European countries will come crawling back to us.