Plans for a "Bonfire of the Barriers" to boost trade
Today, the International Trade Secretary announced plans to lift over 100 trade barriers , unlocking export opportunities worth tens of billions of pounds. Businesses which export pay higher wages and are more productive than businesses who do not, but too often, complex trade rules and practical obstacles prevent them selling overseas. That is why we have drawn up plans for negotiations to resolve around 100 priority trade barriers, unlocking export opportunities worth more than £20 billion for businesses across our United Kingdom. This bonfire of barriers will allow world-leading UK goods and services to reach hundreds of millions of new customers around the world, boosting business growth and supporting local jobs. International Trade Secretary Anne-Marie Trevelyan said: "Every week we remove trade barriers somewhere around the world, helping more and more businesses all over the country. We know that businesses who export pay higher wages and are more ...