Liam Fox, the International Trade Secretary, today said he “hopes” to be able to roll over around 40 existing trade deals with around 70 countries across the world from which the UK benefits as an EU member state, but could offer no guarantees that these countries would agree.
Last year, at the Conservative Party Conference, Fox promised that these deals would be ready to roll over “the second after midnight” on Brexit day.
Commenting, Tom Brake MP, leading supporter of Open Britain, said:
“Last year Liam Fox was blithely promising that the Government would be able to roll over 40 EU trade deals ‘the second after midnight’ after Brexit but now he’s reduced to ‘hoping’ other countries will agree to his plan. So much for taking back control.
“By recklessly dragging the UK out of the Single Market and the Customs Union, the Government is not only putting up barriers to trade with our largest partner but with 70 other countries around the world as well.
“As it becomes clearer that the cost of Brexit is the loss of our existing trade deals, everyone is entitled to judge whether the Brexit that was promised is the one that was delivered and to keep an open mind about whether it’s the right path for the country.”