Department for International Trade written question – answered at on 8 February 2019.
To ask the Secretary of State for International Trade, what recent assessment she has made of the effect on the Everything But Arms Agreement of the UK leaving the EU without a deal.
The Taxation (Cross-Border Trade) Act enables the UK to put in place a UK trade preferences scheme for developing countries. The Act also enshrines into UK law the commitment contained in the UN Sustainable Development Goals to provide duty free quota free trade access for Least Developed Countries.
The UK trade preference scheme will provide the same level of access as the current EU trade preference scheme by granting duty-free, quota-free access to the 48 Least Developed Countries covered by the Everything But Arms tier.
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