Analyzing Liz Truss' Speech: Key Points and Takeaways

Liz Truss, the UK's Secretary of State for International Trade, recently delivered a speech outlining the government's plans for trade policy post-Brexit. In this blog post, we will analyze the key points and takeaways from Liz Truss' speech.

Opening Remarks

In her opening remarks, Liz Truss emphasized the importance of free trade and the need for the UK to be a champion of free trade on the global stage. She also acknowledged the challenges presented by the COVID-19 pandemic but stressed that the government was committed to building a stronger, more resilient economy.

Trade Agreements

Liz Truss announced that the UK had secured trade agreements with 63 countries outside of the EU, with negotiations ongoing with several others. She highlighted the benefits of these agreements, including increased trade, job creation, and increased access to new markets for UK businesses.

Digital Trade

Digital trade was a key focus of Liz Truss' speech, with the Secretary of State stressing the importance of ensuring that the UK was at the forefront of digital trade. She announced plans to launch a Digital Trade Network, which will provide support to UK businesses looking to engage in digital trade.

Green Trade

Liz Truss also emphasized the importance of green trade, stating that the UK would use trade policy to promote sustainable development and combat climate change. She announced the creation of a new Green Economic Advisory Council, which will advise the government on green trade policy.

Global Britain

Liz Truss concluded her speech by reiterating the government's commitment to building a Global Britain that was open to the world and a champion of free trade. She stressed that trade policy would play a key role in achieving this goal and emphasized the government's commitment to supporting UK businesses and creating jobs.

Conclusion

Liz Truss' speech outlined the government's plans for trade policy post-Brexit, emphasizing the importance of free trade, digital trade, and green trade. The Secretary of State highlighted the benefits of trade agreements with countries outside of the EU and announced plans to launch a Digital Trade Network and a Green Economic Advisory Council. As the UK seeks to establish itself as a Global Britain, trade policy will undoubtedly play a key role in achieving this goal.