ADVERTISEMENT

Liam Fox will break his promise to sign 40 free trade deals the 'second after' Brexit

liam fox free trade deal.JPG
  • The International Trade Secretary had promised to immediately roll over all of Britain's free trade deals it has with non-EU countries as part of its EU membership.
  • Liam Fox told Conservative activists: "All these faint hearts saying we cannot do it - it's absolute rubbish."
  • However, officials in the UK government reportedly say none of the 40 trade deals are on course to be signed immediately after Britain leaves.
  • Fox also promised that a Brexit free trade deal with the EU would be the "easiest in human history."

LONDON Liam Fox will fail to sign any of the 40 free trade deals he promised for "the second after" Brexit, in time, according to officials inside the UK government.

ADVERTISEMENT

The International Trade Secretary promised that Britain would immediately roll over all of the 40 free trade deals it has with non-EU countries as part of its membership.

"We're going to replicate the 40 EU free trade agreements that exist before we leave the European Union so we've got no disruption of trade," Business Insider revealed Fox told a Conservative party fringe event in Manchester back in 2017.

We'll have up to 40 ready for one second after midnight in March 2019

ADVERTISEMENT

"I hear people saying 'oh we won't have any [free trade agreements] before we leave'. Well, believe me, we'll have up to 40 ready for one second after midnight in March 2019," he told cheering Conservative activists.

The Trade Secretary added that "All these faint hearts saying we cannot do it it's absolute rubbish."

However, one government official who has seen how talks are progressing told the Financial Times that Fox was not on course to be able to roll over the 40 deals he promised in time.

"Almost none of them are ready to go now and none will be ready to go by March, the official told the paper.

An International Trade Department spokesperson told the FT: "We dont comment on leaks," with another official insisting that many of the agreements "are at an advanced stage".

ADVERTISEMENT

"Our priority is to ensure there is no disruption to our global trading relationships, with more DIT staff allocated to no deal planning in recent weeks, and we encourage businesses to continue to plan for a range of scenarios," an International Trade official said.

Fox has a record of making big promises on the progress of Brexit. At the start of Brexit negotiations in 2017, he promised that a new Brexit trade deal with the EU would be "the easiest in human history" to sign.

See Also:

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

10 African countries with the highest number of migrants

10 African countries with the highest number of migrants

PHOTOS: Inside the hostel in Rwanda set to house migrants from the UK in July

PHOTOS: Inside the hostel in Rwanda set to house migrants from the UK in July

10 African countries with the weakest governments

10 African countries with the weakest governments

Zap unveils Africa's first non-custodial exchange

Zap unveils Africa's first non-custodial exchange

The future of healthcare on display: Day 1 of Medlab West Africa wraps up

The future of healthcare on display: Day 1 of Medlab West Africa wraps up

Nigeria suspends a Chinese business over discrimination charges

Nigeria suspends a Chinese business over discrimination charges

10 African countries with the greatest soft power influence over the world in 2024

10 African countries with the greatest soft power influence over the world in 2024

List of the smartest African Cities in 2024

List of the smartest African Cities in 2024

U.S. officials admit President Biden’s strategy for Africa is predictably failing

U.S. officials admit President Biden’s strategy for Africa is predictably failing

ADVERTISEMENT