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Expert says Italy and France could be first on UK s holiday safe list
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Cautious hopes British holidaymakers could have choice of overseas destinations
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A UK-Jordan trade agreement came into effect at the start of this month, preserving preferential trade for Jordanian and British businesses and consumers, while boosting commerce and investment between the two countries.
Under the deal, the UK said it would prioritise growth, foreign direct investment and job creation into Jordan as part of the 2019 London trade initiative.
“We are working with the Jordanian government to overcome some of the structural issues that prevent greater FDI into Jordan. We are supporting and promoting Jordan’s public-private partnership unit’s work and the national infrastructure projects that were prioritised by the government of Jordan,” the British embassy in Amman and Jordan’s Department for International Trade said in a joint statement.
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In this article, On 29 April 2021, the National Security and Investment Act 2021 (the Act) received royal assent. The Act dramatically expands the UK Government’s powers to scrutinise investments. The regime that the Act puts in place has not yet commenced, but, upon commencement, will have retrospective effect, as the UK Government will have the ability in certain circumstances to call-in relevant transactions that did not complete before 12 November 2020. we outline the key developments in relation to the Act during its Parliamentary passage and look at the next steps that are anticipated ahead of the Act being commenced later in the year. Full details in relation to the background to the Act and its content can be found in our publication available here.
29 Apr 2021
Brexit leader Nigel Farage is wary of the UK joining the major pacific trading bloc CPTPP, warning the country could find itself being forced to accept “political harmonisation”, after having just left the European Union.
Earlier this week, International Trade Secretary Liz Truss said that the government was pushing ahead with plans to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and could do so in as little as 12 months.
The bloc is comprised of Pacific rim nations Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam and is the third-largest trading zone.
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