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World Trade Organisation

Department for International Trade written question – answered on 2nd March 2020.

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Photo of Barry Gardiner Barry Gardiner Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Secretary of State for International Trade

To ask the Secretary of State for International Trade, what assessment she has made of potential (a) challenges in the negotiations on the UK's proposed schedules at the WTO and (b) amendments, financial settlements or other compensatory measures that may be required as a result of those negotiations.

Photo of Greg Hands Greg Hands The Minister of State, Department for International Trade

The independent UK goods and services schedules aim to maintain the existing commitments and the balance of rights and obligations between the UK and our trading partners. The UK has formally opened negotiations under Article XXVIII (GATT) on aspects of our goods schedule. We continue to assess the impacts as we seek to conclude negotiations. The appropriate WTO certification procedure for the UK services schedule does not allow for market access or compensation negotiations. We continue to consult with the Russian Federation to see their outstanding objection to technical elements withdrawn. A WTO member can trade on an uncertified schedule whilst working to have its schedule certified.

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