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hello there. today, eu trade ministers meet with a renewed focus on securing new trade deals. russia's invasion of ukraine make partnerships crucial. the war has exposed supply chains, leading to calls for the eu to look elsewhere for its goods. it wants to spread the risk to diversify into everything from gas to sunflower oil. joining me now is anahita thoms, head of international trade at the law firm baker mckenzie. thank you so much forjoining me. what's the jackpot for the eu in terms of trade? i think there will be a big focus on the backlog, there will be a lot of discussions ...

£40 billion worth of assets, made up of land, buildings, palaces, royal collections and so on. 40 billion tangibles. the intangibles, the brand value, we estimate at 50 billion under got there by looking at the amount of incremental revenue the royal family brings to the uk each year and we put a value on that luck one would put value on a future share. that comes to 50 billion in future earnings derived from the monarchy and our estimate is that in any given normal year, it generates about £2.5 billion worth and 5 billion in costs and a net benefit of 2 billion a year and this year it will ...