Nusa Dua (Indonesia): British Prime Minister Rishi Sunak has indicated that he will take a different approach to trade deals than his predecessor Liz Truss. On the India-UK trade deal, Sunak said he cannot compromise on quality for speed.
After being criticised for trade deals struck by the UK since leaving the European Union (EU), Rishi Sunak has said that he will not rush into talks with countries like India.
Speaking to media, Rishi Sunak said, “My approach will be such that we will not sacrifice quality for speed.” Rishi Sunak on Wednesday expressed hope that Britain and the United States can deepen their economic ties. However, he clarified that he had not specifically spoken about the trade deal with US President Joe Biden
Britain saw the free trade deal with the US as the biggest rewards for leaving the EU, but hopes of a quick deal were dashed when the Joe Biden administration shelved all free trade talks.
Speaking at the G20 meeting in Bali, Indonesia, Sunak said he “did not specifically discuss the trade deal” with Joe Biden, but had talked about economic cooperation and energy communications.