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Liam Fox says Britain will be great again after Brexit
Dr Liam Fox MP CREDIT: PAUL GROVER FOR THE TELEGRAPH
Tim Ross, senior political correspondent 24 SEPTEMBER 2016 • 10:00PM
Liam Fox, the International Trade Secretary, will put Britain firmly on the path to withdrawing from the European Union’s single market in a dramatic speech this week.
He will make a major speech to the World Trade Organisation (WTO) on Tuesday, signalling the UK’s determination to take its place as an independent member of the international body, able to negotiate its own trade deals outside the EU.
At present, the UK is unable to strike free trade agreements with other countries because it is part of the EU’s “customs union”, which imposes common tariffs across the bloc.
Britain is going to be open for business like never before, and we will use our new found position outside the EU to become the world’s brightest beacon and champion of open trade Dr Liam Fox
Britain is represented by the EU in trade negotiations at the WTO, which deals with global trade rules between nations.
Dr Fox is expected to signal his strong intent that once outside the EU, Britain will take up a fully independent place at the WTO and will be free to strike competitive deals with countries across the world.
In order to achieve this, Britain would have to leave the EU single market’s customs union.
Officially, the Government is not saying whether it wants to remain part of the single market, the customs union, or to be completely free of all the EU’s trade structures.
However, Dr Fox’s comments are likely to be seen as a clear signal that the Government is preparing the ground for a “hard Brexit”, which would involve leaving the single market entirely.
He is expected to argue that Britain would be in a powerful position to influence international policy after Brexit and usher in more liberal rules of commerce because the UK is the fifth biggest economy in the world.
In remarks to investors last week, Dr Fox said: “One hundred and fifty years ago the UK was the world’s biggest trading nation, and now we will lead the charge again for freer and fairer global trade.”
The Cabinet minister’s intervention represents a significant moment in Theresa May’s effort to carve out a prosperous future for Britain outside the EU.
God has declared the End from the Beginning and the Bible (God’s Word) revealed that Britain would not be part of the EU when Christ Returns to Earth, and World Events have conspired to ensure that has now happened. But we need to keep watching this development as there is much to see yet as Britain takes her place once more on the World Political Stage.
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