Brexit and Pacific free trade zone

Written by David Fletcher 05 Jan 2018
Brexit and Pacific free trade zone

International trade secretary Liam Fox wants to develop bilateral trade agreements with key partners such as Australia, New Zealand and the USA. This would mean linking into the multi-nation Pacific Free Trade Zone after Brexit. He is currently holding informal talks on joining the eleven members of the Trans-Pacific Partnership (TPP), according to the Financial Times. Donald Trump withdrew the US from the partnership last year, reversing Barack Obama’s policy. The TPP is currently being re-negotiated under a new title, which will require authorising by all current signatories. Mr Fox, at present visiting China, said he was interested in seeing what the reconstituted TPP would look like. Pray for stronger links with Asia-Pacific markets and for God’s lead as we move into future intercontinental trade.

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