Trade secretary Liam Fox promised on Tuesday that Britain’s departure from the European Union would not create a legal vacuum at the World Trade Organization, and said his country was determined to champion free trade.
Britain is a full and founding member of the WTO, but its WTO membership terms are currently shared with the rest of the EU, Fox told a WTO conference in Geneva.
“The UK will continue to uphold these commitments when we leave the European Union. There will be no legal vacuum. But this will not stop us pursuing a more liberalised trade agenda in the future,” he said.
UK Retail Sales Suffer September Setback – CB
USD/JPY – Yen Drops on Soft Inflation Report But Recovers
GBP/USD – Pound Shows Volatility on Dismal Retail Sales Survey
