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UK-Canada Free Trade Agreement

International Trade – in the House of Commons on 18th June 2020.

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Photo of Andrew Percy Andrew Percy Conservative, Brigg and Goole

What recent discussions she has had with her Canadian counterpart on a free trade agreement with that country.

Photo of Elizabeth Truss Elizabeth Truss The Secretary of State for International Trade and President of the Board of Trade, Minister for Women and Equalities

I spoke to my Canadian counterpart Mary Ng last week, and we talked about progressing our bilateral trade and working together to promote free trade across the world.

Photo of Andrew Percy Andrew Percy Conservative, Brigg and Goole

Bilateral trade between the UK and Canada is worth £20 billion a year. It grew exponentially following the implementation of the Comprehensive Economic and Trade Agreement. In comparison, our bilateral trade with New Zealand is worth £3 billion a year. We have opened formal negotiations with New Zealand on a new trade agreement. Can we not go further with Canada and seek something much more comprehensive than simply a roll-over of CETA?

Photo of Elizabeth Truss Elizabeth Truss The Secretary of State for International Trade and President of the Board of Trade, Minister for Women and Equalities

I know that my hon. Friend is committed to Canada, having served as trade envoy and done a fantastic job. As part of our ambitious free trade agreement programme, we announced yesterday our intention to accede to the CPTPP, which is an advanced trade agreement covering chapters such as data and digital and goes far beyond what the EU has been willing to agree. Canada is one of the key players in the CPTPP, alongside countries such as Australia and New Zealand.