EU Free Trade Agreements

Part of the debate – in the House of Commons at 10:40 am on 24th January 2019.

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Photo of George Hollingbery George Hollingbery Minister of State (International Trade) 10:40 am, 24th January 2019

As we have already made clear, it is entirely possible to trade on WTO terms. However, it is far more preferable to reach trade agreements with third parties, because then we can trade on a preferential basis that allows us access to markets, the lowering of tariffs and the reduction in non-tariff barriers behind the border, which makes life much easier for our companies.