EU Trade Agreements: Replication

Part of the debate – in the House of Commons at 12:55 pm on 13th February 2019.

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Photo of Liam Fox Liam Fox The Secretary of State for International Trade and President of the Board of Trade 12:55 pm, 13th February 2019

As I said, the Japanese Government have made it clear that in the event that we leave the European Union with the withdrawal agreement, there will be the roll-over. If we want to get continuity with that Japanese agreement, there is one way to do it, and that is to ensure that we back the Prime Minister’s deal. It is also true that the Japan EPA does not come in quickly. A lot of the tariff liberalisation, for example, comes in over a period of years—up to eight years in some cases, which is much longer than I would anticipate it would take for Britain to accede to the CPTPP.