Commons Sense

House of Commons · Ministers' Questions

Free Trade Agreements: Effect on the East Midlands

Thursday 18 June 2020 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 2 Partly answered 0 Not answered 0

Key points

  • Free trade agreements will aid Britain's recovery from coronavirus by bringing better jobs, higher wages, greater choice and lower prices to consumers and businesses.
  • Lower tariffs and barriers will help businesses in the east midlands diversify supply chains and reduce reliance on any single country.
  • The Government has an experienced team supporting companies to access exporting opportunities and provides export credit and insurance through UK Export Finance.

Topics (select to filter)

Questions & Answers

Q1 Tom Randall Lab Gedling
Economy Business & Trade
Context

The member seeks information regarding how FTAs will impact the economic recovery in their region.

Question

What assessment has been made of the potential effect of future free trade agreements on the economy in the east midlands?

Answer from Ranil Jayawardena (Parliamentary Under-Secretary of State for International Trade)

Free trade agreements will aid Britain's recovery from coronavirus by bringing better jobs, higher wages, greater choice and lower prices to consumers and businesses. Lower tariffs and barriers will help businesses in the east midlands diversify supply chains and reduce reliance on any single country.

Answered
Was this summary accurate? Tell us

How accurate was this summary? (1 = poor, 5 = spot on)

Q2 Tom Randall Lab Gedling
Business & Trade
Context

The member asks about concrete steps being taken to prepare local companies for new trading opportunities.

Question

I am pleased that we can now open direct negotiations with some of our oldest and closest allies. What steps are the Government taking to support businesses in the east midlands to make the most of the new opportunities created by these future trade agreements?

Answer from Ranil Jayawardena (Parliamentary Under-Secretary of State for International Trade)

As a trading nation, we will champion free trade, remove barriers and tariffs. We have an experienced team supporting companies access exporting opportunities and provide export credit and insurance through UK Export Finance.

Answered
Was this summary accurate? Tell us

How accurate was this summary? (1 = poor, 5 = spot on)