• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

‘Incompetent’ Liam Fox failing to secure post-Brexit trade deals

Liam Fox is struggling to sign off trade agreements in time for Brexit and he hasn’t got long left. Fox faced some heavy criticism today in the Commons over the issue, as the EU departure date approaches. The International Trade Secretary had previously promised that his department would have 40 free trade agreements ready to […]

Joe Mellor by Joe Mellor
2019-02-13 15:24
in Business, News, Politics
FacebookTwitterLinkedinEmailWhatsapp

Liam Fox is struggling to sign off trade agreements in time for Brexit and he hasn’t got long left. Fox faced some heavy criticism today in the Commons over the issue, as the EU departure date approaches.

The International Trade Secretary had previously promised that his department would have 40 free trade agreements ready to sign “one minute after midnight” on the day the UK leaves the EU.

However, a leaked document from his department, handed to The Sun, showed that just six trade deals were close to completion. The others look unlikely or very unlikely to be completed by the end of March.

Barry Gardiner,Shadow Trade Secretary, said: “Many in the business community feel that the Secretary of State has diverted too much of his department’s resources on entirely new free trade agreements, and so keen has he been to grandstand with the new that he has ignored the fundamental grinding work of securing what we already have.”

He continued: “Increasingly, the Department for International Trade looks like it has inadequate resources, focused on the wrong priorities, set by incompetent ministers.”

Some of the deal that have been signed off so far include the Faroe Isles, with exports worth £16m and imports worth £229m; Chile, with exports worth £571m and imports worth £718m; and the Seychelles, worth a total of £123m.

Liam Fox and his department has yet to sign agreements with several major UK trading partners – including Canada, Japan, South Korea and Turkey.

RelatedPosts

Labour shadow minister quits Starmer’s top team

Met Office forecasts extreme heat conditions for Glastonbury 2050

Putin hits back at Boris Johnson’s pecs jibes

Former MP jailed for pocketing donations

https://www.thelondoneconomic.com/opinion/britain-has-rejected-the-least-worst-brexit-now-its-pursing-a-dangerous-fantasy/01/02/

 

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Watch: Madeley’s climate interview side-by-side with Don’t Look Up is uncanny

Restaurant Review: Monsieur Le Duck

Support your local restaurants with DIY meal kits

Spirit of the Week: El Dorado 12-Year-Old Rum

Restaurant Review – Hix City

Right to wipe, free to pee

How Digital Games Become Educational

Man with one of largest known collections of indecent images of child abuse is jailed

‘These documents confirm the severe risks of a no-deal Brexit’ government publishes Operation Yellowhammer documents

Right wing papers angry at Strasbourg taking control of trade talks forget ECJ is in Luxembourg

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.