Letter: There’s more to economic interest than just selling

The debate surrounding Britain’s relationship with the EU has been narrowly focused on the issue of how to sell into the single market (FT View, June 4). But there is more to economic interest than just selling.

Britain should seek to agree with Australia, Canada and New Zealand how to harmonise its laws. Not only would it let Britain avoid the fate of being a rule taker — as it would be in relations with the EU — it would give each of these countries a bigger say in the global marketplace. In the face of big tech, multinational companies and our globalised economy, countries should band together to shape the future regulatory landscape.

Besides, a common regulatory framework would give these countries a common space to be the incubator of products and future technologies. What good does it do when these four countries have three different types of electric sockets?

Ka Kit Leung
Hong Kong