FOR IMMEDIATE RELEASE
The Forum of Private Business (FPB), has expressed concerns over the UK’s poor record on intra-Commonwealth trade, following comments today at Parliament’s International Trade Select Committee evidence session.
During his evidence, Dr Brendan Vickers, from the International Centre for Trade and Sustainable Development, remarked that the UK is the fifth lowest country in the Commonwealth for intra-Commonwealth trade.
Ian Cass, Managing Director of the FPB, said: “There has been a lot of talk about how Brexit will open up significant opportunities to trade with Commonwealth countries, but based on these figures there is a long way to go."
The Forum believes that Brexit should provide an opportunity for the government to reshape British trade policy, and is calling on the government to back its Get Britain Trading Campaign.
Ian Cass added: “As Dr Vickers pointed towards in his evidence this morning, the UK should be looking to adopt simpler forms of regulation as it leaves the EU in order to cut the amount of red tape for businesses, particularly smaller ones. Removing non-tariff barriers needs to be a priority too."
To find out more about the Forum’s Get Britain Trading Campaign please visit https://www.fpb.org/getbritaintrading/
About Forum of Private Business
The Forum of Private Business is a not-for-profit comprehensive business support organisation founded in 1977. Our membership is spread throughout the UK and primarily made up of companies that employ between 1-50 employees, helping them to manage employees, saving time, giving advice, support and protection where a business needs it.
We are a recognised leading authority on business issues and represent the interests of business owners on many consultative bodies. We have built a solid reputation, being influential in many areas of policy-making, in changing laws that affect small businesses, and we continue to campaign for the fair treatment of businesses within the UK.
Everything we do is about making sure our members’ businesses operate profitably. This means that every penny we make goes back in to supporting our members, providing the support and resources that will enable businesses to flourish and grow.
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