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BREXIT MEANS BETTER TRADE

Summary:

In the FY ending March 2023, in just the LATAM region, the UK was able to remove 34 trade barriers to UK exporters – with 24 of these having been forecast to be worth £1.3 billion to the UK economy. These changes would not be possible from inside the EU.


Explanation:

In the Financial Year ending March 2023, in the Latin-American (LATAM) region alone, the UK was able to remove 34 non-tariff trade barriers to UK exporters – with 24 of these to have a combined forecast worth of £1.3 Billion to the UK economy. The removal of these barriers would not have been possible from within the EU.


Reference: https://gov.uk/government/news/trade-minister-in-peru-and-colombia-to-boost-trade-with-latin-america


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