Britain's Department for International Trade
last week published a report seeking to predict trends in global
trade out to 2050 which forecast that demand for digital
services will double in the next decade.
"All of us depend on digital trade, yet British businesses face
digital barriers in countries who take a protectionist
approach," Trevelyan will say in a virtual speech to London Tech
Week, according to advanced extracts released by her office.
"I want the UK to break down these barriers and open up new,
exciting opportunities for businesses and consumers so we can
see improved productivity, jobs and growth."
Trade deals typically focus on removing goods trade barriers,
but since leaving the European Union, Britain has sought to
include agreements on digital trade and common standards in
professional services to spur service sector growth.
Trevelyan will use her first speech since taking up the role
last week to set out the department's plan to try to shape
international digital policy. This will include establishing
cooperation on digital trade via free trade agreements.
Enhanced consumer and intellectual property protections and
promoting the development of digital trading systems such as
e-contracting are also among the plans Trevelyan will set out.
The department, which said the digital sector contributed 150.6
billion pounds to the UK economy in 2019 and employed 4.6% of
the national workforce, also wants to make it simpler and
cheaper for businesses which use data to trade internationally
by advocating free and trusted cross-border data flows.
(Reporting by Kylie MacLellan; Editing by Nick Macfie)
[© 2021 Thomson Reuters. All rights
reserved.] Copyright 2021 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|