British Prime Minister Theresa May used this month's G20 summit in China to explore potential trade deals with Australia, India, Mexico, Singapore and South KoreaPrime Minister Theresa May used this month's G20 summit in China to explore potential trade deals with Australia, India, Mexico, Singapore and South Korea. But international trade experts have been quick to highlight Britain's lack of experience in such negotiations. International trade to and from the country each year totals hundreds of billions of pounds, around half of which is with the European Union. May has meanwhile come up against hurdles outside the EU, with US President Barack Obama insisting that Washington's priority remains striking a free trade deal with Brussels, however unlikely, before tackling any separate agreement with London. - 'No friends' -Tim Oliver of the London School of Economics stressed that "there are no friends or special relationships in international trade".

Source: Bangkok Post September 11, 2016 03:56 UTC