CX is putting the Commonwealth on the agenda

Part of our mission at CX is reminding the UK of its Commonwealth opportunities and potential as well as ensuring that the Commonwealth is at the heart of public debate and political discussion.

In the last few days we've been doing just that, publishing a number of articles on a variety of topics and platforms. Here are a few of our recent pieces:

Telegraph: Commonwealth citizens could swing the EU referendum

Our Chairman Lord Howell and our Executive Director Tim Hewish have written for the Daily Telegraph pointing out that Commonwealth citizens resident in the UK will be able to vote in the upcoming EU referendum.

They could represent a swing of up to 6%, more than enough to change the outcome. Both sides of the debate would be foolish to ignore these crucial potential voters.

Read the full piece here.

ConHome: The Government is wrong. We need more students from the Commonwealth to stay and work in Britain.

Our Director Ralph Buckle wrote for the ConservativeHome website attacking government proposals further cracking down on international students wishing to work in the UK.

He concludes: "even the suggestion of [these proposals] is damaging Britain in myriad ways. If they are implemented, it could take decades for us to recover."

Read it here.

The Commentator: UK could do a lot worse than becoming “an Atlantic Singapore”

Ralph also wrote for The Commentator at the weekend. He rebutted an article which was critical of Singapore and instead said that the UK could learn a lot from the city state.

He argued that "Singapore is easily one of the most open nations on the planet, and one of the least corrupt... In or out of the EU, Britain could certainly do with a dose of Singapore’s entrepreneurial zeal."

You can find the article here.

ConWayForward: Six reasons to support free trade with the Commonwealth

Completing a hat-trick of articles, Ralph also penned a piece for Conservative Way Forward's blog.

He set out six reasons why the Commonwealth should be our first port of call for increasing and liberalising trade.

See if you agree here.

Prime Minister backs Commonwealth trade

It looks like David Cameron may have been listening to us as he has used an article in today's Daily Mail to explicitly call for more trade with the Commonwealth.

In the piece he writes:

"With some of our neighbours’ economies stagnating and markets further afield roaring ahead, we need to change our approach. We need to go to the ends of the earth to sell our wares – to recapture the outward-looking, enterprising spirit that made us great. 

I want us to be nothing less than the modern world’s most open, trade-minded nation. To do that, we must tap into markets outside Europe; to look to the Commonwealth and beyond. There’s plenty of potential."

Needless to say, we couldn't agree more!

As our Director argued on the CWF blog yesterday, the Commonwealth is ideally suited to be Britain's gateway to the World.

However the Prime Minister's words do need to be backed up with action.

For example, the recent completion of the EU-Singapore Free Trade Agreement (EUSFTA) is welcome but the process has been consistently delayed and implementation is now unlikely until 2016. This is simply not good enough as the below chart shows.

As we argued in our award winning Brexit prize entry, EU trade deals are taking far too long and either speeding them up or repatriating the ability for Britain to sign our own deals needs to be a top priority.

We welcome the Prime Minister arguing for greater Commonwealth trade but he needs to convince Brussels to do the same.

UK Foreign Secretary delivers barnstorming pro-Commonwealth speech in Singapore

The UK's Foreign Secretary has delivered a fantastic speech in Singapore highlighting our close links, promoting the Commonwealth, and making the uncompromising case for more free trade.

Too often, even when the links that bind member states together are recognised, they are seen only in the bilateral sense, and not as part of the incredible network of networks that is the Commonwealth. It's great to see the Foreign Secretary explicitly recognising this and following on with his predecessor's pledge to put the 'C' back in FCO.

You can read the full speech here but we've collected some of the highlights below.

On our shared history:

"We have been part of the Singapore story for two centuries. Along with Australia and New Zealand, two of the stops on my current trip, our history is so closely interwoven that we have ties which the oceans cannot loosen."

“Our historical, cultural and commercial links mean the UK already enjoys thriving ties with the Asia Pacific region.”

On the Commonwealth diaspora in the UK:

Britain boasts a leading financial and creative hub, one of the world’s few truly global cities and is home to many vibrant Asian communities: 37,000 UK residents were born here in Singapore; 175,000 in Australia and New Zealand combined;

On the rule of law:

"In the UK, in the Commonwealth, and beyond, it has had a profound impact in the development of the rule of law, strong institutions and accountable government on which our societies have built enduring prosperity and stability. Nowhere is this truer than here in Singapore where there is a close correlation between the rule of law and the prosperity generated by global investment."

“These shared traditions bind the wider region, and beyond. Indeed, judges from the UK, Australia and New Zealand sit on the Court of Final Appeal in Hong Kong, where the rule of law has been a fundamental component of continuing economic success.”

On our shared values and language:

"Geographical distance has been no barrier to the development of shared values between the UK and countries in the region. With three of the countries that I am visiting – Singapore, Australia and New Zealand – we not only share a common language but common law traditions and Commonwealth membership as well. The same applies, of course, to India – that giant of democracy and integral part of the rising Asia story."

"We share with you in Singapore the worldwide language of business, science and engineering."

"It is a convenient truth that human rights, prosperity and security are mutually reinforcing. For example, the free flow of ideas and innovation - the life-blood of economic growth coursing through the veins of the free Asian nations, is a driver of economic growth, and a key differentiator in favour of democracy."

On free trade:

"Free trade is in Britain’s DNA and that is the code that is unlocking prosperity across the Asia Pacific region. So it is in all our interests to maintain the momentum behind trade and investment liberalisation in the region."

"[It is] bringing new levels of prosperity to the people of this continent; new opportunities for global trade; and higher standards of living for all."

On defence

"Britain is also a party, alongside Singapore, Malaysia, Australia and New Zealand to the Five Powers Defence Arrangements – still the only formal multilateral defence arrangements in South East Asia."

“That means we are ready and able to mobilise in support of Asia Pacific allies friends and partners… As we did in response to Typhoon Haiyan, facilitated by the Royal Naval presence here in Singapore and again when the world came together in search of missing Malaysian airliner MH370.”

On trade and investment between the UK and Singapore:

“the fundamentals have never been better for flourishing trade and investment relationships between the UK and the Asia Pacific region. The statistics tell the story: in Singapore alone there are over 1,000 British companies.

On the UK as a Commonwealth gateway to Europe:

"Nearly three quarters of Singapore’s investment into the EU goes to the UK."

“I hope the EU and Singapore will match this by implementing the FTA between them in the very near future. It should be the precursor to... further FTAs with Asia Pacific economies, including Australia and New Zealand.”

"Britain’s economy is on the move too. Ambassador, you said in your introductory remarks that Britain was the world’s sixth largest economy and I don’t often engage in Schadenfreude with my French neighbours, but we are now the world’s fifth largest economy!"

“few western countries can claim to know Asia as well as Britain.”

And finally, on the future of our relationships:

“the UK Government has not and will not let itself be distracted from the importance of building strategic relationships for Britain across the Asia Pacific region which are fit for the 21st Century.”

“The threats we face together as challenges to our common prosperity, to the values that bind us, and to civilisation itself can only be overcome through the kinds of partnership the UK is already developing across this region”

 “The UK and the countries of the Asia Pacific region are already working as partners for a safer and more prosperous world. But I firmly believe the best is yet to come; that the most important chapter of our shared history is the one we are about to write together.”

Advisory Board Member Robin Walker MP quizzes Government on Commonwealth Trade

Robin at CX's launch event

Robin at CX's launch event

Robin Walker MP, a member of our Advisory Board and the Secretary of Parliament's Commonwealth All-Party Group, has been quizzing the UK government on trade with the Commonwealth.

In the first of a series of questions, he asked what the UK was doing to promote UK-Commonwealth trade, EU-Commonwealth trade, and intra-Commonwealth trade. The Minister responded as follows:

"The European Commission leads on trade negotiations on behalf of the EU and its member states. The UK is a strong advocate of the EU’s ambitious trade agenda and has supported the pursuit of comprehensive trade agreements with several Commonwealth countries. Negotiations on free trade agreements with Canada and Singapore are close to finalisation, we are the EU’s strongest champion of a trade agreement with India, and a joint declaration between EU leaders and the Prime Minister of New Zealand last month paves the way to potential trade negotiations between the EU and New Zealand starting under the next European Commission."

As we have argued before, whether in or out of the EU, the UK needs to be doing all it can to build these links and relationships. In our submission to the IEA's Brexit Prize we put forward an extensive plan of how the UK could do so if it were to leave but for as long as it remains a member, we must keep encouraging these deals and agreements to maximise Commonwealth trade.

Robin also asked about UK Trade and Investment's (UKTI) activities in Commonwealth Markets and was told that the "UKTI has a presence in 23 Commonwealth markets, accounting for approximately 21% of UKTI overseas headcount."

Finally, he asked for greater detail about the UK's trade with Commonwealth countries (beyond the public data that is available for 10 members) but this information was not provided.

UK and Singapore working for deeper financial and economic cooperation

UK - Singapore.jpg

It has been announced that "the UK and Singapore have agreed to set up a UK-Singapore Financial Dialogue, which will focus on deepening financial and economic cooperation between the two countries."

Singapore is already the UK's largest trading partner in South-East Asia and it's great to see efforts are being made to keep building this relationship. Financial services make up around 10% of the GDPs of both countries and they are ranked as the first and fourth leading Global Financial Centres.

Hopefully this new forum will lead to even stronger ties between the two countries.