Commonwealth Market

Let's not forget that before the UK set about empire building, it was all about global trade, where the likes of the East India Company or Hudson's Bay Company facilitated intercontinental business

Commonwealth
No European stars, just The Commonwealth

Expanding on the case put forward in the article "Britain doesn't need Brussels" for the Commonwealth to be turned into a "common market", I (Przemek Skwirczynski) have recently come to the conclusion that UKIP, with its support for what it describes as a Commonwealth Free Trade Area, is the only party which has a viable economic alternative to our participation in the nose-diving EU project.

I have therefore since joined forces with (co-author of this article) UKIP’s Winston McKenzie's Foreign & Commonwealth Forum Council, which is keen to push for the notion of the Commonwealth Market to be implemented.

Years have passed since the euro crisis began. "Old" Europe has got itself further down the hole it has dug and even the UK with its meagre growth looks like a success story by comparison. The Commonwealth may seem to some a relic of a bygone imperial era; nineteenth century colonialism etc.

But let's not forget that before the UK (and most of Western Europe) set about empire building, it was all about global trade, where British companies such as East India Company or Hudson's Bay Company facilitated intercontinental business. That is why the countries which are members of the Commonwealth, and let's stress that all the members are there purely of their own accord, were in most cases initially interlinked with each other by way of trade.

As such, it should be quite natural for the Commonwealth's members to rekindle those old trade relationships, and then the Commonwealth will help restore or even surpass its members' former glory.

It should be highlighted that the mistakes of European economic cooperation can be easily mitigated by way of sticking to trade only and strictly nothing else. Just as the UK should withdraw from the EU and go back to the original European Economic Area principles of engagement with the continent (by way of bilateral trade agreements), so also should it establish a free trade Commonwealth Market.

Because the UK will then negotiate bilateral trade agreements with the EU, it will be able to also push for being the bridge linking the trade between the Commonwealth countries and the EU. Paradoxically, by way of its trade agreements with the continent, Britain becoming the gateway of the Commonwealth countries into Europe (and vice versa) could save the Old Continent from the brink of the abyss by providing it with global trade which it desperately needs.

By the planned engagement of High Commissioners and Ambassadors, the UKIP Foreign & Commonwealth Forum Council will become a champion of increased intercontinental trade cohesion, paving the way for the UKIP policy of establishing the Commonwealth Free Trade Area, or indeed The Commonwealth Market as we propose to call it.

Przemek Skwirczynski is a an economist, and banker. He writes in a personal capacity. Winston McKenzie is a former champion boxer, and UK Independence Party (UKIP) spokesman for the Commonwealth

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