Free Trade Agreements UK Car Manufacturers 2020-06-18
2020-06-18
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Q1
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Context
Discussion about the automotive industry facing significant change in the next decade due to technological advancements.
Metcalfe asks what assessment has been made of free trade agreements' potential effect on UK car manufacturers, citing the Society of Motor Manufacturers and Traders and the Japanese Automobile Manufacturers Association's views on a UK-Japan agreement. He also mentions Ford UK in Basildon as an example.
Turkey and Japan are important to the automotive industry, especially Turkey's supply chains to manufacturers like Ford of Britain. Stuart notes that UK and Turkish officials are working on transitioning trading arrangements into a bilateral agreement by the end of the implementation period.
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