Europe: Renegotiation Debate
Full Debate: Read Full DebateJames Cleverly
Main Page: James Cleverly (Conservative - Braintree)Department Debates - View all James Cleverly's debates with the Foreign, Commonwealth & Development Office
(8 years, 9 months ago)
Commons ChamberDoes my right hon. Friend agree that it is in both our and the EU’s interests to trade more freely with the high-growth-potential Commonwealth economies, and that if the EU continues to move glacially on this issue, we should build more free trade agreements with the Commonwealth on our own?
The Commonwealth countries, important though they are, account for only 17% of global GDP, taken all together. I agree with my hon. Friend’s emphasis on the need to forge free trade agreements with emerging economies as well as with developed economies, but I caution against thinking that it would be quicker and easier to strike such a deal if the United Kingdom, with 65 million people, were negotiating rather than the European Union, with a 500 million-strong market.