GEOPOLITICS SPILLING INTO ECONOMIC SPHERE
He recognised how regional groupings are essential amid rising protectionism lately.
“We have to proceed to make the case that we will rise and prosper collectively,” he famous.
“In some elements of the world, new boundaries are going up. That is why it makes it all of the extra necessary that international locations of goodwill and shared considerations are in a position to work collectively to take down pointless commerce boundaries.”
This comes as geopolitics is more and more spilling into the financial sphere.
A number of UK ministers are within the Indo-Pacific area this week for numerous talks, to indicate the Labour authorities’s new method on the world stage.
“The Indo-Pacific is mainly the quickest rising area on this planet,” mentioned British Minister for the Indo-Pacific Catherine West on the sidelines of the Milken Institute’s Asia Summit in Singapore.
Whereas there are a lot of alternatives out there for its companies, Britain additionally has “so much to supply” the area, together with areas similar to schooling, local weather change and tradition, she informed CNA on Wednesday.
“We’re open for enterprise,” she mentioned, echoing Mr Alexander.
“We’ll have a way of predictability, in order that individuals are very clear that they’ll put money into the UK and we will have investments right here within the Indo-Pacific. Collectively, we will have that prosperity that all of us want to see.”