Japan Free Trade Agreement

Christine Jardine Excerpts

Monday 14th September 2020 Commons Chamber

[Christine Jardine (Edinburgh West) (LD) [V]]

I thank the Secretary of State for prior sight of her statement. Yes, we also welcome the trade deal, but I have two serious concerns. First, it seems to simply mirror what we have with the EU, and, apart from symbolic wins on things such as Stilton cheese, the Government have failed to leverage any real, meaningful benefits. Also, given that the deal has stricter state aid regulations than the disputed ones in the EU proposals, do the Government actually have a trade strategy?

[Elizabeth Truss]

I urge the hon. Lady to look beyond the EU—90% of global growth is coming from beyond the EU. Both Japan and the wider Pacific region, which is a fast-growing area, are vital for Britain’s future economy. Of course we want a deal with the EU, but that should not stop us doing advantageous deals with fast-growing parts of the world and working with allies to put forward the cause of free and fair trade.