G7: Charlevoix, Quebec - Statement

Part of the debate – in the House of Lords at 6:16 pm on 11th June 2018.

Alert me about debates like this

Photo of Baroness Evans of Bowes Park Baroness Evans of Bowes Park Leader of the House of Lords and Lord Privy Seal 6:16 pm, 11th June 2018

I reiterate that we remain a leading supporter of the global rules-based trading system. However, we accept that some elements of the WTO could be improved and we will continue to discuss issues such as improving transparency and dealing with state-owned enterprises and industrial subsidies with our partners—but we believe that the WTO plays an important role at the centre of our system.

On the noble Lord’s question on steel tariffs, I have said that we are working with our EU partners to achieve a permanent exemption. We will work with them in relation to countermeasures. The Commission will be required to seek member state approval for these to come into effect, which it intends to do this month. We will of course be involved in those discussions.