FSB urges trade deals to be priority for Brexit transition

The Federation of Small Businesses (FSB) believes that the government must seize the opportunity to sign new trade deals during the transition period now that it has secured the freedom to do so from the EU.

According to Mike Cherry, national chairman at the Federation of Small Businesses, confirmation that the UK will have such freedom marks a critical step forward.

“The government must seize the opportunity to establish new agreements with the likes of the US, China and Australia that can be implemented immediately after the transition period ends, while also establishing a new deep and comprehensive trading relationship with the EU,” said Mike.

Nine out of 10 exporting small firms in the UK have ties to the single market.

Mike added that it was vital that the UK maintained the maximum possible access to Europe post-Brexit.

“New trade deals struck during the transition period must contain dedicated small business chapters.

“Expanding our horizons shouldn’t only be to the benefit of big multinational corporations.”

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