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Covid-19: Trade Barriers

Part of International Trade – in the House of Commons on 12th May 2020.

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Photo of Deidre Brock Deidre Brock Shadow SNP Spokesperson (Wales), Shadow SNP Spokesperson (Environment, Food and Rural Affairs)

The most recent WTO review saw G20 economies implement 28 new trade-restrictive measures, estimated to cover around $460 billion of trade, and import-restrictive measures in force for the period January-October 2019 are now estimated to cover $1.6 trillion, suggesting that import restrictions have continued to grow. It is obvious that we need resilience in our economies, but does the Minister agree that that cannot be an excuse to engage in economic protectionism or simply close down value chains?