Foreign Investment in UK

Department for Exiting the European Union written question – answered on 20th September 2017.

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Photo of Bill Esterson Bill Esterson Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (International Trade)

To ask the Secretary of State for Exiting the European Union, pursuant to the oral contribution of the Parliamentary Under-Secretary of State for International Trade in the Westminster Hall debate of 12 September 2017, on foreign direct investment, what plans he has to maintain regulatory equivalence with key markets.

Photo of Robin Walker Robin Walker The Parliamentary Under-Secretary of State for Exiting the European Union

The UK Government is committed to making the UK the best place in the world to do business. As the Prime Minister set out in the White paper "The United Kingdom’s Exit from and new partnership with the European Union", this will mean fostering a high quality, stable and predictable regulatory environment. We want to minimise the regulatory and market access barriers for both goods and services in trade with the EU. Discussions on regulatory equivalence will form part of the negotiations.

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