Regional Comprehensive Economic Partnership Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Baroness Altmann
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Regional Comprehensive Economic Partnership
Baroness Altmann Excerpts(3 years, 11 months ago)
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Baroness Altmann (Con)
My Lords, I am delighted to hear that the Government have no intention of signing a free trade agreement with China, and I welcome RCEP because it could well have positive implications for companies in the EU and the UK. Does my noble friend agree that this arrangement will allow companies to ship products across the region more easily, without the rule-of-origin problems and with lower costs for those companies and their supply chains across the region? Does he agree that the UK would benefit from that if, rather than leaving the EU on WTO terms, we could retain our agreements with the EU?
Lord Grimstone of Boscobel (Con)
My Lords, I have learnt that it is not easy to give answers that are completely up to date in relation to the EU negotiations. Noble Lords realise that these negotiations are proceeding, and a Statement will no doubt be made as to their conclusion in due course.