Oral Answers to Questions

John Baron Excerpts
Tuesday 12th July 2016

(8 years, 5 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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No, not at this stage, but what I can tell the hon. Gentleman is that in the circumstances in which we find ourselves, facing the opportunities we now do, recruitment of trade specialists, whatever that costs us, is likely to be an investment very well worth making.

John Baron Portrait Mr John Baron (Basildon and Billericay) (Con)
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Is the Foreign Secretary heartened by the fact that since we voted to leave the EU a number of key countries and economies, including India, China and Australia, have approached the UK regarding furthering trade, and how well that compares with the stalled trade talks that have taken many years between the EU and such countries as the US and Canada?

Lord Hammond of Runnymede Portrait Mr Hammond
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Yes, it is a source of some optimism that a number of significant economies around the world have indicated that they would be open to the idea of trade agreements with the UK, and my hon. Friend makes a point that is very obvious but none the less important: that negotiating a trade deal between two countries is always going to be much easier than negotiating a trade deal between one country and 28 countries.