• Saturday, August 13, 2022

Business

Britain hoping for Brexit boost from Commonwealth summit

Trade Secretary Liam Fox on will chair a session on catalysing growth and championing free and fairer trade

By: Sarwar Alam

Britain is hoping this week’s Commonwealth summit will prise open greater trade with its historic network as it prepares to quit the European single market under Brexit. The UK is pouncing on the organisation’s analysis showing the advantages of trade between Commonwealth countries due to its common language and legal systems. But some quarters are warning that Britain’s trade with Commonwealth nations lags so far behind that with its European Union neighbours that a straight replacement is impossible. The 53 member states are gathering for their biennial Commonwealth Heads of Government Meeting (CHOGM), being hosted this year in London. Born…

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