Oral Answers to Questions

Craig Tracey Excerpts

Thursday 9th February 2017 Commons Chamber

[Dr Fox]

The quality of produce sold will be a major part of any negotiation, but as for undercutting the Scottish economy, I am regularly told by investors in the United States that one of the things hanging over them and depressing investment opportunities is the threat of separation.

[Craig Tracey (North Warwickshire) (Con)]

T2. I welcome the recent establishment of a UK-Israel trade working group. Bilateral trade between the two countries has increased year on year, and our close co-operation in cyber, academia and medicine continues to grow. Can the Minister provide any further information about how the group will work, and does he share my view that we should strike one of our first trade deals with the middle east’s only democracy?

[The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)]

My hon. Friend is absolutely right to highlight the very good trading relationship we have, and hope to continue to have, with Israel. The Prime Minister announced the trade working group when the Israeli Prime Minister visited earlier this week, but it is worth bearing it in mind that the EU already has a trade arrangement with Israel, and this is something that, in the first instance, we would look to continue. I am sure, however, that there will be many opportunities to improve on that, given that that trade deal was done between one country and 28 countries, whereas a bilateral deal will be easier to negotiate.