UK Trade & Business Commission (@uktradebusiness) 's Twitter Profile
UK Trade & Business Commission

@uktradebusiness

Cross-party, cross-industry body conducting the most comprehensive consultation of UK businesses since leaving the EU, est. 2021.

Secretariat: @BestforBritain

ID: 1368305728444891140

linkhttps://www.tradeandbusiness.uk/ calendar_today06-03-2021 21:01:43

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🚨 A reminder before the UK-EU Summit tomorrow, deep alignment in goods and services would deliver around 2.2% GDP growth to the UK. 8️⃣ More than EIGHT times the combined effect of the India, Australia, Japan and New Zealand trade deals. frontier-economics.com/uk/en/news-and…

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Here is the chair of UK Trade & Business Commission Committee, Andrew Lewin MP, with a quick verdict and a great summary of today's UK-EU Reset deal. Andrew has worked tirelessly behind the scenes to make today happen and deserves huge praise. ~AA

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💥 Chair of the UK Trade & Business Commission Andrew Lewin MP welcomes the progress towards a UK-EU youth mobility scheme, as currently "we’ve got deals with Australia, New Zealand, Canada, Iceland, Uruguay, but don’t have one with our closest allies just across the channel.”

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Peter Mandelson: “Why make a fetish of dis-alignment when we know that it’s in the interests of our business and traders to pursue and to follow those rules and standards” independent.co.uk/news/uk/politi…

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⏰Thursday 10:30am 🚨After the Summit: Where Next? 🇬🇧🇪🇺Insights into the UK–EU relationship following the summit from leading experts; - Sir Adam Thomson, European Leadership Network - Ellie Belton, E3G - John Springford, Centre for European Reform youtube.com/watch?v=zPz0Ia…

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"The UK is already given access to 35% (of SAFE)... but it is also open to the UK and the EU to negotiate a fuller relationship that would put us on par with Ukraine" 🚨 Sir Adam Thomson on the opportunity granted by UK access to the EU's new defence procurement fund.

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Ellie Belton (Senior Policy Advisor, E3G) on how the energy agreements announced at the UK-EU Summit will; 📉Reduce the cost of decarbonisation ⬇️ Bring down bills 🇬🇧🇪🇺EU-UK cooperation delivering cheaper and cleaner energy for both sides.

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.John Springford "I think the 'Trump Always Chicken's Out' moniker is totally wrong" 🇺🇸"(Trump) is testing how much economic nationalism he can get away with without the equity markets declining too much" 🇬🇧🇪🇺"It puts increasing weight on trade cooperation between the EU & UK"

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💚 Ellie Belton: "Both sides have a shared interest in boosting the competitiveness of their green economies" 🔒 "I think we can expect the UK and EU's relationship with China to evolve, but working together to work through some of the security and supply chain risks"

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.John Springford: "If you compare (the 0.2% economic impact of May 19) to the FTA's that the UK has signed after leaving the EU, that adds up to about 0.2% itself" 🇪🇺📊 Even small agreements with the EU give large GDP benefits due to our proximity and much higher level of trade.

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🇪🇺🇬🇧UK Trade and Business Commission Expert Adviser David Henig 🇺🇦's latest update following a "solid but unspectacular" summit... tradeandbusiness.uk/news/entering-…

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Emily Lydgate, Co-Director of the UK Trade Policy Observatory: "(The EU and UK) agreed to deep sectoral alignment" "Which means that the no cherry picking line is officially dead from the EU and I think from the UK, show's that the UK isn't prioritising regulatory sovereignty"

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💰William Bain, Head of Trade Policy, British Chambers of Commerce: "These (agreements from the UK-EU May 19 Summit) are all very useful" "We hope the negotiations are as brief as possible, so that we see real tangible benefits for business and economy"

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Tom Bradshaw, NFU President 🚜: 🇪🇺 "The EU is by far and away our largest market place" 🍲 "About 70% of our export volume for food goes to the EU" 7️⃣ The EU is "7x greater than any other export market"

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Will Bain, Head of Trade Policy, British Chambers of Commerce on the important work still to do after the UK-EU summit in continuing to remove friction at the UK-EU border...

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🇨🇭The Swiss SPS Agreement shows how you can have a democratic will for dynamic alignment. Emily Lydgate, Co-Director of the UK Trade Policy Observatory: "It is essential that the UK does not take an executive approach" 🫂"You can have a democratic will to align with the EU"

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🇬🇧Our Chair, Andrew Lewin MP: 📉"Brexit has been destructive to our economy" 💰"The damage done has been to the tune of £100 bn" ❌So many businesses forced out of business "drowning in bureaucracy and red tape"