Future International Trade Opportunities

Part of the debate – in Westminster Hall at 5:03 pm on 1st May 2019.

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Photo of Angus MacNeil Angus MacNeil Chair, International Trade Committee 5:03 pm, 1st May 2019

I am grateful to the hon. Gentleman for giving way on that point, which leads me to the point raised by Craig Tracey. The stats he just gave lead to the 6% damage there would be to GDP. When I pointed out that we would need 30 or 40 America-style agreements, he said we can find more countries and more deals. The only problem is that the USA is a quarter of the world’s GDP, so we would need seven to 10 planets to make up for the damage the UK is inflicting on itself with Brexit.