TRA Chiefs Aim to Strengthen UK Trade Defences Amid Global Turmoil
The new leadership of Britain's Trade Remedies Authority plans to fortify trade defences before new legislation is enacted, aiming for more agility in resolving trade disputes. While the TRA awaits legislative changes, it seeks to proactively address global trade challenges with innovative tools and strategies.
Under new leadership, the UK's Trade Remedies Authority is poised to reinforce its trade defences even before anticipated legislative changes take effect. The TRA aims to address criticisms of inefficiency and adapt to global trade tensions proactively.
Co-heads Jessica Blakely and Carmen Suarez, who took on their roles in June, emphasize that significant improvements can be made without waiting for legislation. They plan to adopt innovative tools, including artificial intelligence, to expedite provisional measures during investigations and engage more proactively with industries.
While the TRA's role in political tariff negotiations is limited, its focus remains on safeguarding industries like steel. Amid recent governmental decisions that differ from the TRA's recommendations, the agency highlights its commitment to WTO rules as it navigates these complex trade landscapes.
(With inputs from agencies.)
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