Context
The MP is following up on the signing of free trade agreements between the UK and these countries, focusing on potential benefits for British exporters and smaller businesses.
Question
What steps her Department is taking to increase trade with (a) Australia and (b) New Zealand. I congratulate my right hon. Friend on signing the free trade agreement with New Zealand, which is another positive step in rebuilding the bonds and historic links we have with Commonwealth nations. But does she agree that we must do all we can to maintain the benefits secured by this deal by ensuring that any changes to alcohol duty will deliver for UK consumers?
Answer from Anne-Marie Trevelyan
The free trade agreements will end tariffs for British exporters, slash red tape, increase bilateral trade by 53% with Australia and 59% with New Zealand in the medium term. The deals remove all tariffs on New Zealand products, saving up to 20p a bottle on New Zealand wine. The question on domestic taxation continues to be one that the Treasury looks at based on the health of our citizens.
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