England's Prince Andrew is stepping down from his UK trade ambassador position over his connection to a convicted pedophile in the United States.

Also known as the Duke of York, Prince Andrew represented British businesses abroad, but a series of unfortunate gaffes and errors has cost him the position.

The role as special representative will no longer exist as the Duke of York has decided to relinquish it after 10 years, a Buckingham Palace spokeswoman said.

It's overdue, stated Labour Party member and former Foreign Office minister Chris Bryant.

It was revealed earlier this year that the Prince had a close friendship with U.S. billionaire Jeffrey Epstein, who pleaded guilty to charges of soliciting a minor for prostitution. He was sentenced to 18 months in prison. Prince Andrew stayed at Epstein's Florida home and flew on his private jet.

Apart from a few tid-bits about his lavish travel expenses, there were questions about [Prince Andrew's] friendship with dodgy dictators and arms dealers. Leaked US diplomatic cables revealed the American ambassador thought the prince 'rude' and 'cocky', The Guardian's Heather Brooke reported Friday.

There was also a shady real estate deal with the son of Kazakh President Nursultan Nazarbayev. The President's rich son bought a house from Prince Andrew for $5 million more than the asking price, even though the house was on the market for five years.

A former ambassador recently wrote a letter to Britain's Foreign Secretary William Hague and Business Secretary Vince Cable, saying that they thought Prince Andrew was doing serious damage to the country.

The Prince will continue to make trips as a representative of the royal family, but not in the same capacity as before. Prince Andrew is Queen Elizabeth's second son and has been promoting British trade since 2001.