Oral Answers to Questions
Debate between David Lidington and Iain McKenzie(10 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Iain McKenzie (Inverclyde) (Lab)
14. What recent progress has been made on securing a transatlantic trade and investment treaty.
The Minister for Europe (Mr David Lidington)
A successful transatlantic trade deal would be worth up to £10 billion a year for this country alone. Negotiations last month went well and we are now working with European and United States counterparts towards the next round in July with a view to securing an ambitious agreement in 2015.
Mr McKenzie
What steps are the Government taking to promote this deal, especially in our manufacturing industry in the UK?
Mr Lidington
In the conversations that Ministers from all Departments have with representatives of manufacturing, industry and other sectors from all parts of the United Kingdom, we emphasise the opportunities that would be available to them from a successful deal in the transatlantic trade and investment partnership. We are getting a strong, supportive response from all sectors of UK industry.