UK Government Launches Report On Digital Trade



Angelica Mari | Computer Weekly

The UK government has launched a report that examines the opportunities and barriers for the country to become a global leader in digital trade.

Published by the Department for International Trade’s (DIT) Board of Trade, the report sets out the government’s vision for Britain in relation to digital trade for businesses and individuals.

Reiterating the relevance of the digital economy – worth about $11tn, or 15.% of global GDP in 2019 – the fact that trillions of pounds are being invested in digital transformation globally and that digital trade increases the available market for goods and services, the report stated that digital trade could drive productivity, jobs and growth.

“Just as Great Britain led the world in the first industrial revolution in the 1700s, we now have the chance to play a leading role in the digital revolution,” said international trade secretary Anne-Marie Trevelyan in the report’s foreword.

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