The Department for International Trade is reviewing its trade modelling to ensure that all of Britain’s new trade deals are specifically tailored to shape the country’s economy as it recovers from the impacts of Coronavirus. Modelling trade is an important part of the Department for International Trade’s negotiation capability. Given the significant global impact of Coronavirus, it’s an appropriate time for DIT to review its trade models, as free trade agreements will play a crucial role in our economic recovery.

SOURCE: UK Department of Foreign Trade

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