Oral Answers to Questions Debate
Full Debate: Read Full DebateDepartment: Department for Business and Trade
David Mundell
Main Page: David Mundell (Conservative - Dumfriesshire, Clydesdale and Tweeddale)Department Debates - View all David Mundell's debates with the Department for Business and Trade
(3 weeks ago)
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Madam Deputy Speaker (Ms Nusrat Ghani)
For the final question, I call David Mundell.
David Mundell (Dumfriesshire, Clydesdale and Tweeddale) (Con)
As co-chair of the all-party parliamentary group on Latin America, I was interested to note that, after 25 years of negotiations, the EU has announced a trade deal with the Mercosur South American trading group. What is the position of the UK Government on a trading agreement with Mercosur?
Chris Bryant
It is certainly true that now that the EU has secured a Mercosur deal, having taken 25 years to do so, there is a danger that British business will be left out and excluded because there will be preferential rates for European businesses. It is something we are looking at very closely, and I hope to be able to update the right hon. Gentleman very soon. As he knows, I am passionate about trying to increase our exports to Latin America. I would just note that some companies, such as Inca Kola, were created by British firms.