Peter Lilley MP, co-chair of the All Party Parliamentary Group for Trade Out of Poverty, welcomed the findings of the Group’s inquiry into the Africa Free Trade Initiative. The inquiry was led by a committee of distinguished British and African experts, and aimed to examine how the Africa Free Trade Initiative – launched five years ago by Prime Minister David Cameron – could be carried forward.
Peter said: “The Africa Free Trade initiative has been one of the UK’s outstanding development initiatives of recent years – supporting key African priorities, slashing trade costs, and delivering real gains for the continent and its trading partners. The new UK government should take forward these successes and create a new “prosperity partnership” with Africa – based on development, trade and investment – that will help the continent to trade its way out of poverty.”
He added: “The team sensibly extended their Inquiry to consider the potential implications of Brexit – both positive and negative. They emphasise that Britain should start preparing immediately to prevent disruption of African trade with the UK and take the opportunity to make our trade policy towards Africa as pro-development as possible; incorporating the best elements of EU, US, Canadian and other practices. Hopefully this could become a model for other OECD countries to follow – the model Trade Out of Poverty has long advocated.”