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UK trade secretary Jonathan Reynolds has also called for reforms of the WTO, including changes to the much criticised dispute resolutions system which can also take years to settle disputes between trading nations.

Reynolds told the European Policy Centre security conference in Brussels:

“We do recognise that reforming and repositioning the WTO so that it can respond more effectively to the challenges of today is the only way to safeguard long term stability and growth tomorrow.

“Our eyes are fixed on greater flexibility in decision making, greater openness in the east of plurilaterals and building a fully functioning dispute settlement system,”

“the trees that survive the storms aren’t the tallest. They’re the ones whose roots are intertwined with their lives.

“Just in the past two days, during the OECD trade ministerial [summit] the message was clear and unequivocal – deep reform of the World Trade Organisation is long overdue and urgently needed to match today’s realities.”

“We negotiate. We do not isolate. We do not leave the table… trade agreements are more than transactions. They are upgrades that empower our partners, helping them grow with us and creating a cycle of shared prosperity.”