LONDON: Britain will seek to break down digital trade barriers to help its businesses export their services, the country’s newly appointed trade minister Anne-Marie Trevelyan said on Monday.
Britain’s Department of International Trade published a report last week seeking to forecast trends in global trade by 2050, predicting that demand for digital services will double over the next decade.
“We all depend on digital trade, yet British businesses face digital barriers in countries taking a protectionist approach,” Trevelyan would say in a virtual speech to London Tech Week, according to an advanced extract released by his office.
“I want the UK to break down these barriers and open up new, exciting opportunities for businesses and consumers so that we can see better productivity, jobs and growth.”
Trade deals typically focus on removing goods trade barriers, but since leaving the European Union, the UK has sought to include agreements on digital trade in professional services and common standards to fuel the growth of the services sector. has demanded.
Trevelyan will use his first speech after taking on the role last week to determine the department’s plan for trying to shape international digital policy. This would include establishing cooperation on digital trade through free trade agreements.
Enhanced consumer and intellectual property protection and promoting the development of digital trading systems such as e-contracting are also among the plans set out by Trevelyan.
The department, which said the digital sector contributed £150.6 billion to the UK economy in 2019 and employed 4.6% of the national workforce, also wants to make it simpler and cheaper for businesses that advocate for free and reliable cross- By using the data to do business internationally. Limit data flow.
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