Commonwealth trade post-Brexit: ‘Everything is to play for’
High commissioners from Australia, Canada and India joined Secretary-General Patricia Scotland at a financial services conference in London today to offer an upbeat assessment on future trade prospects in the Commonwealth.
“I’m very optimistic,” declared Secretary-General Scotland as she outlined the ‘Commonwealth advantage’ in trade. “This family of nations has many things in common – common language, common law, common institutions, common parliamentary structures.”
As a result, the cost of doing business between Commonwealth countries is on average 19 percent cheaper than between non-member countries, she said, citing research and anaylsis by the Commonwealth Secretariat.