Wednesday 11 April 2018

Letter to the I: Commonwealth as a trade bloc Letter


Yasmin Alibhai-Brown was right to question the wisdom of advocating the Commonwealth as a replacement trade bloc for the EU.  While there are arguably service sector gains to be made from free trade pacts with parts of the Commonwealth, gains in terms of imports and exports would be limited.  Geography would impose an extra cost on imports and exports with regards to markets in  Australia and even Canada for example.  A friend of mine who owns a haulage business put it well.  He claimed that it is a lot more useful for him to have free movement of goods and people to France than it would be to have the same to India.

Regards

Zac Barker
Bristol

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