Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 62
62
Economic security must form a core component of the UK’s international trading and geopolitical relationships.
Recommendation
Economic security must form a core component of the UK’s international trading and geopolitical relationships. We reiterate our recommendations to deepen economic security co-operation with the United States, European Union and Asia-Pacific countries. In particular, a central pillar of the UK’s trade strategy must be the establishment and maintenance of Western leadership in the race for technological superiority, particularly against China. Trade negotiations must identify opportunities to reinforce supply chain security through co-operation with allies, by exploring similar mechanisms to those being pursued in negotiations with the Republic of Korea. (Conclusion, Paragraph 208) 104