The Future of UK Free Trade with Tony Abbott

Mark Littlewood, Director-General of the Institute of Economic Affairs, speaks to Tony Abbott, former Prime Minister of Australia and adviser to the UK Board of Trade, about the future of UK and global free trade.

The conversation centres around the newly created UK Board of Trade and its role in delivering economic growth and prosperity through exports, inward investment and outward direct investment.

The discussion also highlights the role that trade has played in lifting billions out of poverty, while identifying pre-Coronavirus trends that looked likely to have a negative impact on the global trade in goods.

With the World Trade Organization predicting that global trade in goods will drop by between 13 and 32 per cent in 2020 as a result of the pandemic, Mark and Tony also examine whether trade volumes can recover to rates of growth seen prior to the crisis.

This discussion was recorded with an invited audience on Tuesday 20th October 2020.