European Union (Withdrawal)

Part of the debate – in the House of Commons at 7:16 pm on 3rd September 2019.

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Photo of Shailesh Vara Shailesh Vara Conservative, North West Cambridgeshire 7:16 pm, 3rd September 2019

Were we to leave the EU on a no-deal basis, in effect that would mean that we would operate on World Trade Organisation rules. Given that the EU currently operates on WTO rules with a number of countries—including the US, China, Russia, Argentina, Australia, New Zealand and many others—does my right hon. Friend agree that we should not be fearful of trading on WTO rules outside the EU? We already trade on WTO rules in the EU.