As the UK prepares to sign a ‘full pipeline’ of treaties, Truss warns Biden that the US is not the be-all and end-all.
Liz Truss told Joe Biden that if the US does not sign a broad trade agreement with the UK, it would not be the “be all and end all,” despite the fact that countries from all over the world are lining up to do business with Britain.
The Pacific trade bloc, Israel, India – where she will make her next official visit – and the Gulf states were all mentioned as possible trade goals by the Foreign Secretary. With Mr Biden’s election as President, the likelihood of a transatlantic trade pact has been put back, with Ms Truss reluctant to guarantee that one would be in place by the end of the decade.
“I don’t agree with you that that’s the be all and end all of trade,” she said at a Conservative Party fringe event.
“My message to the Americans is, ‘We’ll be ready when you’re ready,’ but there’s a big globe out there, and there’s a whole pipeline of trade deals we’re negotiating.””
Ms Truss, who was international trade secretary until September’s reshuffle, said that trading with developing nations was a foreign policy necessity for the UK, US, and allies to avoid them being lured into the orbit of “authoritarian regimes.”
China has utilized its “belt and road” effort to build economic ties with countries all over the developing globe, funding infrastructure projects in the process.
Ms Truss said at a Chopper’s Politics podcast event hosted by the Telegraph: “What I believe is critical, and this relates to larger foreign policy, is that we, the Americans and Australians – our friends and allies – are reaching out to developing countries to engage in trade with them.
“Who else is going to reach out to them if we aren’t? The answer is authoritarian regimes that do not have their citizens’ best interests at heart and do not believe in freedom and democracy in the same way that we do.” On the world scene, she said, China has to “play by the rules.”
She went on to say: “In my opinion, the best approach to confront authoritarian regimes around the world is to use force.
“This is why infrastructure partnerships with developing countries are so crucial, because they keep them out of the clutches of authoritarian regimes.”
“That’s why trade agreements are so vital,” she continued. Brinkwire Summary News “..