Trade Agreements

Department for Business, Innovation and Skills written question – answered on 7th July 2016.

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Photo of Tom Watson Tom Watson Party Chair, Labour Party, Deputy Leader of the Labour Party, Shadow Minister (Cabinet Office)

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the Government's (a) expertise and (b) capacity to carry out trade deals as a result of the outcome of the EU referendum.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

The Cabinet Office has established a new unit to oversee arrangements for the UK’s exit from the EU, after we have triggered Article 50. Until then, the UK remains a full member of the EU. The Government is reviewing trade policy, although the direction of future UK trade policy would be a matter for the new administration to consider once a new Prime Minister has been appointed.

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