To ask Her Majesty's Government what assessment they have made of provisions in recent roll-over trade agreements that grant trading surpluses to partner countries rather than for UK exports; and what assessment they have made of the benefits to date of the UK's departure from the EU.
Answered on
12 April 2021
The United Kingdom has sought to reproduce the effects of trading agreements that previously applied, to ensure continuity for British businesses. The Department has published parliamentary reports for all such partner countries containing explanations of any changes or significant differences between these bilateral agreements and the previous EU trade agreements (e.g. gov.uk/government/publications/continuing-the-uks-trade-relationship-with-canada-parliamentary-report).
The United Kingdom’s departure from the EU presents opportunities for us to do things differently and better. HM Government has already acted in a number of areas, for example, establishing the new ‘Points Based System’ on migration and replacing the Common Agricultural Policy. The United Kingdom can capitalise on new regulatory and policy freedoms, and the ability to find new ways to drive growth internationally, enabling us to deliver on the priorities of the British people.