NEW International Trade Secretary Anne-Marie Trevelyan will today outline her five-point plan to make Brexit Britain thrive in her first speech since taking up the role.
The Berwick upon Tweed MP was appointed to oversee the UK’s trade deals as part of a reshuffle of Boris Johnson’s Cabinet last week. She has an unenviable task of living up to Liz Truss’s achievements.
Ms Truss’s success in signing dozens of trade deals made her a firm favourite among Conservative party members.
Mrs Trevelyan will set out her plans to unleash digital trade in a speech to London Tech Week later today.
She wants the UK to play a pivotal role in “breaking down barriers” to forge a new global consensus on trading digital services internationally.
Speaking virtually, the minister will explain slashing red tape, shoring up data protection and reducing costs for British businesses is central to boosting UK service exports.
The digital sector already plays a huge part in the UK economy.
In 2019, digital trade was worth £326billion, and in total, the sector contributed £150.6billion to the UK economy.
International trade deals often largely ignore the digital services industry.
But last year the UK agreed to terms on digital trade in its comprehensive free trade agreement with Japan.
Negotiations on a world-leading Digital Economy Agreement with Singapore were also started in June.
Mrs Trevelyan will outline her plans to further increase digital exports when addressing the technology festival.
She said ahead of the speech: “All of us depend on digital trade, yet British businesses face digital barriers in countries who take a protectionist approach.
“I want the UK to break down these barriers and open up new, exciting opportunities for businesses and consumers so we can see improved productivity, jobs and growth.
“Our five-point plan is the first step in shaping international digital trade policy for decades to come.
“Through our network of international agreements, we are breaking new ground, pushing forward innovative ideas and setting a new gold standard for digital trade.”