UK/US Free Trade Agreement Debate

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Department: Home Office

UK/US Free Trade Agreement

Baroness Chakrabarti Excerpts
Monday 20th January 2025

(3 days, 22 hours ago)

Lords Chamber
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Lord Leong Portrait Lord Leong (Lab)
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I thank the noble Lord for that question. We have taken back control. We work with the US, the EU and every other country. We are an open trading economy, and that benefits both our businesses and consumers.

Baroness Chakrabarti Portrait Baroness Chakrabarti (Lab)
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My Lords, even though the United States is a great constitutional democracy, could my noble friend the Minister reflect on the previous Question about ISDS arrangements and make sure that any trade deal between our two great democracies does not privilege international corporations over citizens or workers, and respects both democracy and the rule of law?

Lord Leong Portrait Lord Leong (Lab)
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I thank my noble friend for the question. No two trade agreements are the same, and ISDS is only one chapter in any trade negotiation. We have to negotiate for what is best for our country and for business.