Security is never far behind trade, indeed the leading conceptual theory behind the European Union is that by creating an intricate network of trade in goods and services the cost of any conflict or even minor security issue would be too great – for even the largest of nations in the network.
What then are we to make of “Global Britain” beginning to flex its muscles in the Asia-Pacific region (‘ASPAC’)? The UK has officially applied to join the ‘Trans-Pacific Trade Group.’ This composes 11 countries in the ASPAC region and has all the hallmarks of a comprehensive free trade agreement which is meant to reduce tariffs and harmonise ‘non-tariff’ barriers which the government sees as an impediment particularly in the digital economy. Read More.
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