36 WANT TO TRADE

Britain lines up post-Brexit trade deals with dozens of non-EU countries, ex-minister reveals

Lord Price, who quit as international trade minister in September, told the Commons 36 countries wanted to sign free trade agreements

BRITAIN has already agreed free-trade deals in principle with dozens of non-EU countries - ready to take effect the day after Brexit Day in March 2019, an ex-minister has revealed.

Lord Price, who resigned as an international trade minister in September, said Britain had exchanged letters with 36 countries agreeing to roll-over existing EU free trade agreements after we leave.

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Ex-international trade minister Lord Price revealed that Britain has lined up trade deals with 36 over non-EU coutnries,Credit: Alamy Live News

He told the Commons International Trade Committee that the department was offering countries three options: to cut and paste existing EU FTAs; an agreement to continue on the same basis until a new deal can be reached, and a brand new FTA.

A small number of countries initially preferred the third option but changed their minds when ministers said they couldn’t start negotiations until March 2019.

Lord Price said: “Everybody I met said what they wanted to do that - and have the current agreement preserved in April 2019”.

His Brexit boost came as leading Brexit-backing businessmen told chief EU negotiator Michel Barnier there was “no way the UK is going to reverse its decision on Brexit”.

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Lord Price claimed that every non-EU country he met wanted trade deals with BritainCredit: EPA

Ex British Chamber of Commerce chief John Longworth told the French bureacrat that “no trade deal is better than a bad trade deal” and said the 17.4million Brexit voters would “not be prepared to negotiate away our newly-won economic freedoms” to secure a trade deal with the EU.

Mr Longworth suggested that Mrs May’s hopes of a bespoke deal with the EU would be dashed by Brussels.

 

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Pro-Brexit businessman Lord Jones showered Michel Barnier with British giftsCredit: Reuters

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“It is very clear that the idea of a special relationship deal that the Prime Minister keeps talking about is out of the question,” he said.

Mr Longworth and fellow pro-Brexit businessman Lord Jones showered Mr Barnier and his aides with a hamper of British gifts.

The hamper included British wine, gin, cheese, marmalade, Marmite and PG Tips tea as well as the complete works of William Shakespeare and a biography of Sir Winston Churchill.

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