Trading with the Commonwealth

There is a lot of talk currently about where and how we will trade post-Brexit, but the reality is until we finally see the terms agreed between the U.K and the E.U. no one really knows what may happen.

Truth is we will continue to trade with our partners in the European Union we just don't know how.

So what alternatives may there be, one which has certainly caught my eye is a trade agreement with Australia, Canada and New Zealand or CANZUK. It was formerly known as The Commonwealth Freedom of Movement Organisation and envisages free movement of citizens, free trade agreements and foreign policy cooperation between Canada, Australia, New Zealand and the United Kingdom through intergovernmental legislation between the four countries

Such a framework would create the fourth largest trading block in the world.

According to the website In general, Canada, Australia, New Zealand and the United Kingdom are more than likely to succeed (and prosper) under mutual economic and social policies due to their similar socio-economic circumstances. The CANZUK nations share the same majority language, the same sovereign (Queen Elizabeth II), the same Westminster style parliamentary system, the same common-law legal system, the same respect for democracy, human rights and the rule of law, and the same westernised culture.

Much has been made in the press of how we should trace with our Commonwealth partners and such a deal would seem as good a place to start as any. Will it happen or what other alternatives will come along then time will tell.


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