The UK’s Foreign Secretary, Conservative leadership candidate Liz Truss on Wednesday said she will prioritise trade with Commonwealth countries to counter the “growing malign influence from Beijing” if she becomes the new prime minister.
Truss said she will launch a “New Commonwealth Deal” aimed at strengthening economic ties across the 56-nation group.
Her plan would expedite bilateral trade agreements with Commonwealth partners, which her campaign team argues would supercharge the Commonwealth trade cost advantage, which is already 21 percent lower on average for trade between Commonwealth countries versus non-members.
The leadership hopeful said she will ensure the Commonwealth sits at the heart of her plans for global Britain….