Wto

The UK will nominate Liam Fox to be director-general of the World Trade Organisation. I understand that the decision to nominate the former trade secretary, who has been lobbying heavily for the job, was made last night. There were those in Whitehall who were opposed to nominating Fox. They argued that it was too soon after the UK had become an independent member of the WTO to put forward a candidate and that it would be better to concentrate on some more junior positions that the UK would have a better chance of getting. Boris Johnson, however, wasn’t persuaded by these arguments. He wants to use the UK’s G7 presidency next

One of the greatest prizes from Brexit is the opportunity to make the Global Britain aspiration a reality. Included is a leadership role at the World Trade Organisation (WTO) where the UK, the fifth biggest economy in the world, could help drive much-needed progress to facilitate global trade. Leadership, however, requires respect to back it up. In trade terms, that means walking the talk of trade liberalisation at home. Once free of the EU, the UK knows that its thriving farming sector will therefore require access to global markets. But the trade agreements to deliver that access must be consistent with WTO rules. Recent talk of the UK adopting a