EU Free Trade Agreements Debate
Full Debate: Read Full DebateDepartment: Department for International Trade
Bob Blackman
Main Page: Bob Blackman (Conservative - Harrow East)Department Debates - View all Bob Blackman's debates with the Department for International Trade
(5 years, 11 months ago)
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George Hollingbery
It is a complex web we weave, and there are clearly incentives in many different directions for many different companies. I have every sympathy with workers in Wales and others who find their jobs threatened by the decisions that companies make. The UK Government continue to engage with those companies, and to try to mitigate any moves they may make. We engage widely through POST with the parent companies of many of those organisations, and we are doing everything we can to ensure that foreign direct investment continues in the UK. Indeed, the United Nations Conference on Trade and Development announced a week or two ago that the UK remains Europe’s primary choice for foreign direct investment.
Bob Blackman (Harrow East) (Con)
For the avoidance of doubt, will my hon. Friend confirm at what point we will be able to sign our own independent free-trade agreements with countries around the world?
George Hollingbery
The withdrawal agreement and political declaration are clear: we will be able to negotiate with third-party countries once we have gone through the process of withdrawal and after Brexit day, but we will not be able to sign and implement those agreements until the end of the implementation period.