The International Trade Secretary Liam Fox meets with the Director-General of the World Trade Organization

The video discusses Geneva's role as a trade hub and Liam Fox's efforts to establish the UK's post-Brexit trade position. Fox claims the EU trade agreement should be the easiest in history. He meets with WTO director Roberto Azevedo to discuss the UK's independent membership. The video highlights Brexit challenges, Fox's evolving stance on transition deals, and the historical context of UK trade independence. It concludes with the complexities of future UK-EU trade relations.

What is the significance of Geneva in the context of global trade?

• It is the capital of Switzerland.

• It is a major financial center.

• It is the world capital of trade.

• It is known for its cultural heritage.

What did Liam Fox claim about the free trade agreement with the EU?

• It will not be possible to achieve.

• It will take decades to negotiate.

• It will be the most complex FTA ever.

• It should be the easiest FTA in history.

What is the main concern regarding the UK's post-Brexit trade agreements?

• The opposition from other EU countries.

• The high cost of trade negotiations.

• The uncertainty of concluding a free trade agreement with the EU.

• The lack of skilled negotiators.

Why is maintaining stability important for British businesses post-Brexit?

• To avoid legal challenges from the EU.

• To reduce the cost of imports.

• To increase the UK's global influence.

• To ensure continued growth and prosperity.

What is a key technical challenge for the UK in achieving trade independence?

• Reducing tariffs on all imports.

• Creating independent British trade schedules.

• Negotiating with non-EU countries.

• Establishing new trade routes.