Mr Davis told an audience of business leaders in Vienna that a common commitment to high regulatory standards should mean that trade remains as "frictionless as possible" after the divorce is finalised.
Opposition lawmaker Chuka Umunna said in a statement issued by pro-EU campaign group Open Britain that some of Davis' fellow ministers do want a slipping of standards. High quality, comprehensive, gold standard'.
Davis' intervention follows reports the European Commission has prepared a briefing document for member state governments warning of the risks of the United Kingdom launching a deregulatory drive post-Brexit and raising the prospect of trade sanctions if the United Kingdom seeks to undercut its trading partner on standards.
Britain will not descend into a "Mad Max-style world borrowed from dystopian fiction" after Brexit, David Davis promised today. These fears about a race to the bottom are based on nothing, not our history, not our intentions, not our national interest.
Mr Davis will criticise the European Commission, which has claimed that Brexit could lead to workers losing protections.
Helen Dickinson, chief executive of the BRC, said: "The secretary of state provided some welcome assurances that the government wants to maintain and improve standards that deliver for consumers, whilst not inflicting any additional administrative burden on business".
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Government officials admitted that Davis's call for "higher standards" did not mean there would be no deregulation, suggesting that Brexit would allow the United Kingdom to regulate in a different manner.
It found 60 per cent of respondents want to retain or tighten vehicle fuel emission standards and more than 70 per cent want to retain renewable energy targets, which the British government has previously lobbied against. However, they will fall well short of alleviating fears that environmental deregulation could follow the UK's exit from the EU.
Last week British Foreign Secretary Boris Johnson said it would be "absurd" if Britain were to leave the bloc "and not to take advantage of the economic freedom it will bring".
International Trade Secretary Dr Liam Fox will today tell a summit of manufacturers that high standards deliver multiple benefits, arguing they help establish United Kingdom goods as "a kitemark of quality, innovation and world-leading technological advances".
Ministers have previously warned the United Kingdom would be forced to adopt a different "economic model" if it was unable to secure a satisfactory deal with the remaining 27 member states.
"Take a auto produced here in Austria to be exported to the UK". Britain wants to retain close economic ties with the European Union after it leaves the trading bloc in March next year, while also being free to strike new trade deals around the world.
Britain could refuse to pay the £40billion Brexit divorce bill if the European Union fails to agree on a trade deal, it was claimed last night. "Remain" campaigners praise it as a glimpse of the possible future.