Wednesday, August 26, 2020

Former Australian PM Tony Abbott to head new UK trade board

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Former Australian PM Tony Abbott to head new UK trade boardFormer Australian prime minister Tony Abbott is to be Britain's new joint president of the Board of Trade. Mr Abbott, a vocal supporter of Brexit, who led Australia from 2013 to 2015, will be tasked with drumming up deals for the UK around the world, the Sun reported last night. The Board of Trade has traditionally been made up of British politicians and business executives. Its mission is to "champion exports and inward and outward investment to deliver economic growth and prosperity". It came as farmers and business chiefs have been given a louder voice to ensure they do not lose out in trade negotiations as ministers bid for a raft of post-Brexit deals. Bosses in 11 sectors including agriculture, manufacturing and financial services have signed non-disclosure agreements so they can help to shape potential deals with other countries - including commercially sensitive rules on tariffs and rules of origin.




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