Context
The question arises from an ongoing assessment of the government's trade policies and their effects on British business growth.
Question
What recent assessment has been made of the potential effect of her Department's trade policies on growth for British businesses?
Answer from Graham Stuart
The Department's trade policies aim to support growth, productivity and jobs for British businesses. The OECD estimates that 6.6 million UK workers were supported by exports in 2015. In addition, the Department's recently published impact assessment shows that the UK-Japan free trade agreement could increase UK GDP by £1.5 billion in the long run compared with trading under WTO terms.
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