Tags: EU | Brexit | Commonwealth | Trade

UK Looks to Former Colonies for Trade Boost after Brexit

UK Looks to Former Colonies for Trade Boost after Brexit

Wednesday, 18 April 2018 07:38 AM

LONDON (AP) — After decades of sidelining the Commonwealth as a relic of their imperial past, many in Britain are now promoting the group of ex-colonies as a ready-made market for what they hope to be the country's buccaneering global business spirit after the exit from the European Union.

It's unlikely to be that easy.

At this week's London summit of leaders from the Commonwealth, Prime Minister Theresa May and her international trade secretary, Liam Fox, sought to underline the group's importance to a "Global Britain."

However, the idea that the Commonwealth can ever match the EU as a trading partner is widely dismissed by experts, as is the notion that striking new deals will be simpler.

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After decades of sidelining the Commonwealth as a relic of their imperial past, many in Britain are now promoting the group of ex-colonies as a ready-made market for what they hope to be the country's buccaneering global business spirit after the exit from the European...
EU,Brexit,Commonwealth,Trade
116
2018-38-18
Wednesday, 18 April 2018 07:38 AM
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