Oral Answers to Questions Debate

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Department: Department for International Trade

Oral Answers to Questions

Clive Efford Excerpts
Thursday 2nd December 2021

(2 years, 6 months ago)

Commons Chamber
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Mike Freer Portrait Mike Freer
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We are absolutely committed to prioritising British financial services in FTAs. I am sure that my hon. Friend, as the Government’s trade envoy to Iceland and Norway—a role that she fulfils with her usual vigour—will be pleased to see our commitment in practice in the UK’s recently signed FTA with Norway, Iceland and Lichtenstein, which benefits financial services.

Clive Efford Portrait Clive Efford (Eltham) (Lab)
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Office for National Statistics data shows that services trade with the European Union is down 28%—the Minister neglected to mention that in his long response. So could he say where we are in terms of negotiations with the EU on equivalence for our financial sector?