Free Trade Agreements: Effect on Blyth Valley

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

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Photo of Graham Stuart Graham Stuart Parliamentary Under-Secretary (Department for International Trade)

In 2018, Northumberland and Tyne and Wear exported goods worth £496 million to the US, £130 million to Japan, £24 million to New Zealand and £216 million to Australia. Against a backdrop of rising trade barriers, our FTAs will secure and protect existing trade, and, according to our analysis, FTAs with the US, Japan, Australia and New Zealand will go further and bring additional export opportunities to every part of the country, including Blyth Valley.