World

Britain To Build New “National Flagship” Vessel To Promote Post-Brexit Trade

PM Boris Johnson insisted the brand new vessel’s position will probably be “distinct” from these of forerunners

London:

Britain will construct what it’s calling a brand new “national flagship” vessel to host commerce occasions and promote its post-Brexit pursuits around the globe, Prime Minister Boris Johnson introduced Saturday.

The ship will present a worldwide platform for top degree commerce negotiations in addition to British companies’ merchandise, his workplace stated, because the United Kingdom seeks new buying and selling ties after leaving the European Union final yr.

It may even be anticipated to play a job in delivering the nation’s overseas and safety insurance policies, together with by internet hosting summits and different diplomatic talks.

It would be the first so-called nationwide flagship in service since 1997, when the Royal Yacht Britannia was decommissioned.

However, Johnson insisted the brand new vessel’s position will probably be “distinct” from these of forerunners, “reflecting the UK’s burgeoning status as a great, independent maritime trading nation”.

“Every aspect of the ship, from its build to the businesses it showcases on board, will represent and promote the best of British — a clear and powerful symbol of our commitment to be an active player on the world stage,” he stated in a press release.

The ship’s development is predicted to start in 2022 and be accomplished inside 4 years, with its prices confirmed following a aggressive tendering course of, in line with Johnson’s workplace.

The vessel, but to be named, will probably be crewed by the Royal Navy and earmarked for round 30 years’ service.

The authorities is more likely to face calls to call it after Prince Philip, Queen Elizabeth II’s late husband and a former navy commander, who died in April aged 99.

Britain formally left the EU after practically 5 many years of membership in January 2020, and give up its single market and customs union in the beginning of this yr.

It has replicated or rolled over present commerce agreements with the bloc, Japan and several other different nations, however is but to strike a wholly new cope with any nation.

London is at the moment in superior discussions with Australia and has held preliminary talks with India, New Zealand and the United States about future pacts.

(Except for the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)


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