UK Foreign Secretary delivers barnstorming pro-Commonwealth speech in Singapore

The UK's Foreign Secretary has delivered a fantastic speech in Singapore highlighting our close links, promoting the Commonwealth, and making the uncompromising case for more free trade.

Too often, even when the links that bind member states together are recognised, they are seen only in the bilateral sense, and not as part of the incredible network of networks that is the Commonwealth. It's great to see the Foreign Secretary explicitly recognising this and following on with his predecessor's pledge to put the 'C' back in FCO.

You can read the full speech here but we've collected some of the highlights below.

On our shared history:

"We have been part of the Singapore story for two centuries. Along with Australia and New Zealand, two of the stops on my current trip, our history is so closely interwoven that we have ties which the oceans cannot loosen."

“Our historical, cultural and commercial links mean the UK already enjoys thriving ties with the Asia Pacific region.”

On the Commonwealth diaspora in the UK:

Britain boasts a leading financial and creative hub, one of the world’s few truly global cities and is home to many vibrant Asian communities: 37,000 UK residents were born here in Singapore; 175,000 in Australia and New Zealand combined;

On the rule of law:

"In the UK, in the Commonwealth, and beyond, it has had a profound impact in the development of the rule of law, strong institutions and accountable government on which our societies have built enduring prosperity and stability. Nowhere is this truer than here in Singapore where there is a close correlation between the rule of law and the prosperity generated by global investment."

“These shared traditions bind the wider region, and beyond. Indeed, judges from the UK, Australia and New Zealand sit on the Court of Final Appeal in Hong Kong, where the rule of law has been a fundamental component of continuing economic success.”

On our shared values and language:

"Geographical distance has been no barrier to the development of shared values between the UK and countries in the region. With three of the countries that I am visiting – Singapore, Australia and New Zealand – we not only share a common language but common law traditions and Commonwealth membership as well. The same applies, of course, to India – that giant of democracy and integral part of the rising Asia story."

"We share with you in Singapore the worldwide language of business, science and engineering."

"It is a convenient truth that human rights, prosperity and security are mutually reinforcing. For example, the free flow of ideas and innovation - the life-blood of economic growth coursing through the veins of the free Asian nations, is a driver of economic growth, and a key differentiator in favour of democracy."

On free trade:

"Free trade is in Britain’s DNA and that is the code that is unlocking prosperity across the Asia Pacific region. So it is in all our interests to maintain the momentum behind trade and investment liberalisation in the region."

"[It is] bringing new levels of prosperity to the people of this continent; new opportunities for global trade; and higher standards of living for all."

On defence

"Britain is also a party, alongside Singapore, Malaysia, Australia and New Zealand to the Five Powers Defence Arrangements – still the only formal multilateral defence arrangements in South East Asia."

“That means we are ready and able to mobilise in support of Asia Pacific allies friends and partners… As we did in response to Typhoon Haiyan, facilitated by the Royal Naval presence here in Singapore and again when the world came together in search of missing Malaysian airliner MH370.”

On trade and investment between the UK and Singapore:

“the fundamentals have never been better for flourishing trade and investment relationships between the UK and the Asia Pacific region. The statistics tell the story: in Singapore alone there are over 1,000 British companies.

On the UK as a Commonwealth gateway to Europe:

"Nearly three quarters of Singapore’s investment into the EU goes to the UK."

“I hope the EU and Singapore will match this by implementing the FTA between them in the very near future. It should be the precursor to... further FTAs with Asia Pacific economies, including Australia and New Zealand.”

"Britain’s economy is on the move too. Ambassador, you said in your introductory remarks that Britain was the world’s sixth largest economy and I don’t often engage in Schadenfreude with my French neighbours, but we are now the world’s fifth largest economy!"

“few western countries can claim to know Asia as well as Britain.”

And finally, on the future of our relationships:

“the UK Government has not and will not let itself be distracted from the importance of building strategic relationships for Britain across the Asia Pacific region which are fit for the 21st Century.”

“The threats we face together as challenges to our common prosperity, to the values that bind us, and to civilisation itself can only be overcome through the kinds of partnership the UK is already developing across this region”

 “The UK and the countries of the Asia Pacific region are already working as partners for a safer and more prosperous world. But I firmly believe the best is yet to come; that the most important chapter of our shared history is the one we are about to write together.”

Pakistan's new PM in UK for his first bilateral visit in office

Last week Nawaz Sharif, the Prime Minister of Pakistan was in the UK for a series of meetings with senior members of the UK government for his first official bilateral visit since taking office. The official statement on the visit stated that:

"The UK and Pakistan have a long history of working closely and effectively together as members of the Commonwealth. The UK’s large diaspora population of Pakistani origin has made a significant contribution to British cultural and economic life. Both countries are committed to broadening their relations across many areas."

According to Number 10, "the visit continued the development of the close relationship between the two countries."

Foreign Secretary William Hague said: "Pakistan and the UK continue to work together to strengthen the security and prosperity of both our countries. We share deep historical links and a vibrant British Pakistani community. In today’s meeting we committed ourselves to building on this relationship over the coming years."

During the visit it was announced that there was an agreement to open a new Deputy High Commission in Lahore. The new Trade and Investment, and Cultural and Education Roadmaps were also released. The former of these included the target of increasing bilateral trade to £3 billion by 2015.

British success story in Singapore

Trade
Trade

The UK company Serious Games has enjoyed success in Singapore with help from UKTI. They have won projects from "both public and private sector clients, including a contract worth £250,000 with the Ministry of Health." Having decided that South East Asia was to be their target market, they picked Singapore for their regional hub due to our strong connections. Their Managing Director commented:

Singapore was a good fit for us. They share the same language and regulatory systems as the UK and have strong IP protection mechanisms

As UKTI point out in their case study: "Singapore is the UK’s 12th largest export market of goods outside the EU and the sixth largest for services. Many UK firms use Singapore as an entry point into South East Asia and as a result over 700 UK firms have a presence there, with around 250 establishing their Regional HQ’s in Singapore."

Good news for UK-Pakistan trade

Britain and Pakistan
Britain and Pakistan

In the pre-Christmas rush, it was easy to miss a couple of bits of good news regarding the UK's trade with Pakistan. The first came with the EU Parliament voting for the Generalised System of Preferences Plus (GSP+) for Pakistan. This came into force yesterday.

While  it may sound bureaucratic and confusing, it has the potential to provide a major boost to trade between the UK and Pakistan. In simple terms it provides improved EU market access and duty-and quota-free access for almost all of Pakistan's exports. Pakistan stands to gain an estimated $500 million and 1 million new jobs from this agreement.

Baroness Warsi, the Foreign Office Minister with responsibility for Pakistan said:

These trade preferences will provide substantial benefits for Pakistan’s economy, bringing sustainable growth and jobs. The vote is also a further sign of a deeper and more effective relationship that benefits both the UK and Pakistan.

This move is something the UK has been pushing for over several years and it's great to see it come in to force. It shows that, even though the UK cannot forge its own trade deals within the EU, it should still do all it can to promote Commonwealth free trade as it did in leading the charge for the EU-Canada trade deal.

This was followed by the 2nd annual UK/Pakistan Trade and Investment Conference in London. Speaking at the Conference, the new UK Minister for Trade and Investment Lord Livingston said:

Pakistan and the UK have a close relationship and trade is at the heart of this relationship - Britain is the top European destination for exports from Pakistan. We are working together to deepen our partnership for the long-term and our Prime Ministers have set us an ambitious target to boost bilateral trade to £3bn by 2015.

The Pakistan High Commissioner to the UK, Mr Wajid Shamsul Hasan agreed saying:

Historically, Britain and Pakistan have always enjoyed substantial trading relationship, with more than 100 British companies operating successfully in Pakistan. Pakistan’s relations with the United Kingdom are on a growth trajectory in all areas of bilateral cooperation including trade, economic growth and development, cultural cooperation, security and education.

High Commissioner to India: Britain makes wonderful things

Britain and IndiaAs CX supporters on Facebook will be aware, we are consistently impressed with Sir James Bevan KCMG, the British High Commissioner to India. If nothing else, his endless optimism for Britain, India, the Commonwealth and the World is both infectious and inspiring. He has, once again, given an excellent speech promoting British business to India and vice versa, on this occasion to promote this Sunday's Indian Grand Prix . It can be read in full here. He uses the opportunity to heap praise on some of the great British-Indian success stories including JCB changing the landscape of India and Tata, through Jaguar Landrover, changing the roads of Britain and the world.

In his closing remarks he channels "Love Actually" with a resounding and optimistic assessment of Britain's economic past and it's future. A future that relies on us reaching out to the world. Enjoy:

We in Britain are good at thinking up new things as well as making them. The UK is one of the most innovative countries in the world. Examples – the Internet, invented by a Brit; the iPad, designed by a Brit; and the Higgs Boson, the particle which explains why the physical world works, predicted by a Brit.

Other things which the British have discovered or invented include, in no particular order: football, golf, cricket, tiddlywinks, croquet, the pencil, the telephone, SMS messaging, the light bulb, television, railways, the steam engine, the jet engine, hovercraft, penicillin, gravity, radar, longitude, vertical take-off aircraft, evolution, bungee jumping and the postage stamp. And - perhaps the most important breakthrough of all for world happiness, finally achieved in 1847 by the British company JS Fry and sons – the chocolate bar. Not a bad list for a small misty island off the coast of Europe.

So, ladies and gentlemen, if you remember one thing from this evening – apart from Jenson Button – remember this: Britain makes things. And the things that we make are wonderful.