A Commonwealth Flagship for the 21st Century – A new Royal Yacht.
A design has been commissioned for a new Flagship to be built with the prime purpose of promoting Commonwealth trade and focusing public awareness on the workings of the Commonwealth.
“The Commonwealth believes that access to international markets presents tremendous opportunities for poor countries to trade their wayout of poverty.”
Commonwealth Secretariat 2012
From a different standpoint Britain’s own exports also stand to gain from the Commonwealth. Lord Howell the Foreign Office Minister recently stated “Intra-Commonwealth trade is booming. Trade worth over $3 trillion happens every year in the Commonwealth. Its combined GDP has almost doubled in the last twenty years, whilst the middle class has expanded by nearly a billion people, representing a huge and growing consumer market.”