UK Government trade reports and statistics

UK and 90 Countries Finalize Groundbreaking WTO Digital Trade Agreement, Cutting Costs

Jul 26, 2024, 07:21 AM

The UK and 90 other countries have finalized a groundbreaking global digital trade agreement at the World Trade Organization (WTO). This agreement, which has been in negotiation for years, aims to make global trade faster, cheaper, and more secure for businesses, workers, and consumers. The agreement is seen as a significant step in Britain's efforts to position itself as an outward-looking trading nation, cutting costs for business.