Britain sets out plan to stimulate trade with developing economies

Monday, July 19, 2021
Britain sets out plan to stimulate trade with developing economies © Reuters. FILE PHOTO: A view of the Port of Felixstowe, as containers are seen aboard the container ship Ever Greet, in Felixstowe, Britain, January 28, 2021. REUTERS/Peter Cziborra/File Photo

LONDON (Reuters) - Britain will set out a plan on Monday to stimulate trade with 70 developing economies by lowering tariffs and simplifying rules, its latest push to promote freer global commerce after regaining control of its trade policy following Brexit.

The government will detail the Developing Countries Trading Scheme in a consultation document. The plan builds on an existing European Union scheme that Britain was part of before leaving the bloc at the end of last year and has kept in place while working on its new programme.

"Now the UK is an independent trading nation we have a huge opportunity do things differently, taking a more liberal, pro-trade approach that leads to growth and opportunity," trade minister Liz Truss said.

The scheme seeks to further reduce the bureaucratic burden of trade between Britain and developing countries, as well as countries classed as low or lower-middle income such as Pakistan, Nigeria and Indonesia.

As well as reducing tariffs for goods coming into Britain, the scheme aims to simplify the "rules of origin" that determine where a product with a cross-border supply chain is made for taxation purposes.

Britain said it had studied similar schemes in Canada, the United States, Japan and the EU when drawing up its new programme. The government is seeking views on the plan from businesses and other stakeholders over the next eight weeks.

Leave your comment
03-08-2021 08:54:19 (UTC+7)

EUR/USD

1.1874

+0.0006 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (1)

EUR/USD

1.1874

+0.0006 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (1)

GBP/USD

1.3896

+0.0015 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

USD/JPY

109.28

-0.01 (-0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

AUD/USD

0.7368

+0.0008 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

USD/CAD

1.2504

-0.0006 (-0.04%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (6)

EUR/JPY

129.74

+0.07 (+0.05%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (2)

EUR/CHF

1.0750

+0.0006 (+0.06%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (7)

Gold Futures

1,815.30

-6.90 (-0.38%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Silver Futures

25.422

-0.153 (-0.60%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (6)

Sell (0)

Copper Futures

4.4240

-0.0078 (-0.18%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Crude Oil WTI Futures

71.47

+0.21 (+0.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

Brent Oil Futures

73.05

-0.04 (-0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Natural Gas Futures

3.974

+0.014 (+0.35%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (2)

US Coffee C Futures

172.95

-6.60 (-3.68%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Euro Stoxx 50

4,116.62

+27.32 (+0.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

S&P 500

4,387.11

-8.15 (-0.19%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (5)

DAX

15,568.73

+24.34 (+0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

FTSE 100

7,081.72

+49.42 (+0.70%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Hang Seng

25,972.00

-176.00 (-0.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Small Cap 2000

2,218.51

-7.74 (-0.35%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (2)

IBEX 35

8,758.70

+83.00 (+0.96%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (4)

BASF SE NA O.N.

66.305

-0.005 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Bayer AG NA

50.57

+0.21 (+0.42%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

Allianz SE VNA O.N.

194.20

-16.15 (-7.68%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Adidas AG

318.15

+11.30 (+3.68%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

Deutsche Lufthansa AG

9.531

-0.017 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Siemens AG Class N

135.28

+3.46 (+2.62%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (3)

Deutsche Bank AG

10.510

-0.175 (-1.64%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.1874↑ Buy
 GBP/USD1.3896↑ Buy
 USD/JPY109.28↑ Sell
 AUD/USD0.7368↑ Buy
 USD/CAD1.2504Neutral
 EUR/JPY129.74Neutral
 EUR/CHF1.0750↑ Sell
 Gold1,815.30↑ Buy
 Silver25.422Neutral
 Copper4.4240↑ Buy
 Crude Oil WTI71.47↑ Sell
 Brent Oil73.05↑ Sell
 Natural Gas3.974Sell
 US Coffee C172.95↑ Sell
 Euro Stoxx 504,116.62↑ Sell
 S&P 5004,387.11Sell
 DAX15,568.73↑ Sell
 FTSE 1007,081.72↑ Sell
 Hang Seng25,972.00↑ Sell
 Small Cap 20002,218.51Buy
 IBEX 358,758.70Neutral
 BASF66.305↑ Sell
 Bayer50.57↑ Sell
 Allianz194.20↑ Buy
 Adidas318.15↑ Buy
 Lufthansa9.531↑ Sell
 Siemens AG135.28Buy
 Deutsche Bank AG10.510↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,660/ 5,720
(5,660/ 5,720) # 643
SJC HCM5,650/ 5,720
(0/ 0) # 689
SJC Hanoi5,650/ 5,722
(0/ 0) # 691
SJC Danang5,650/ 5,722
(0/ 0) # 691
SJC Nhatrang5,650/ 5,722
(0/ 0) # 691
SJC Cantho5,650/ 5,722
(0/ 0) # 691
Cập nhật 03-08-2021 08:54:33
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,811.52-2.24-0.12%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2178022210
RON 95-II,III2168022110
E5 RON 92-II2049020890
DO 0.05S1637016690
DO 0,001S-V1672017050
Dầu hỏa1539015690
ↂ Giá dầu thô thế giới
WTI$71.15-0.09-0.12%
Brent$72.94+0.060.08%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.820,0023.050,00
EUR26.555,3627.937,21
GBP31.080,8032.379,13
JPY204,69215,43
KRW17,2521,00
Cập nhật lúc 08:47:46 03/08/2021
Xem bảng tỷ giá hối đoái