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Trade and international update: December 2024

A ‘reset’ with Europe, making the industrial strategy work and more.

11 Dec 2024, 4 min read

The year 2024 is winding down, but in international affairs, things feel busier and are moving faster than ever. And the CBI has been working hard to raise the voice of UK business amidst that.

The ‘reset’ moment

First, we welcomed the UK Government’s commitment to take meaningful action to ‘reset’ the EU-UK relationship. The Chancellor's meeting with EU Finance Ministers on 9 December is an important milestone, as both our economies face into shared and troubling geopolitical, security, economic and climate challenges.

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