Trade Agreements

Department for International Trade written question – answered on 22nd February 2018.

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Photo of Lord Allen of Kensington Lord Allen of Kensington Labour

To ask Her Majesty's Government what assessment they have made of the ability of the UK to make sector-specific trade agreements with other nations in the event that the UK leaves the EU without a trade deal and reverts to World Trade Organisation rules.

Photo of Baroness Fairhead Baroness Fairhead The Minister of State, Department for International Trade

The UK is talking to a number of countries about future trading options, and it is too early to say what this will mean in a particular case or with any particular country.

As one of the world's largest economies, we have the chance to work with old and new partners to build a truly Global Britain at the heart of international trade.

We are using instruments like Joint Trade Reviews, a collaborative in-depth analysis into the mutual trading relationship between the UK and a partner country, to look for areas we can improve our bilateral trading relationships.

We will aim, through these discussions, to put in place various mechanisms to improve trading relations and remove barriers affecting UK businesses.

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