Oral Answers to Questions

Steve Baker Excerpts

Thursday 23rd March 2017 Commons Chamber

[Mark Garnier]

My hon. Friend is right. Non-tariff barriers are incredibly disruptive to free trade, and we take that very seriously. We will be looking at our own system of trade remedies, but at the moment everything has been done through the European Union. We need to start engaging in that. To a certain extent, we have had conversations with other countries through the joint economic and trade committees, where we can deal with that.

[Mr Steve Baker (Wycombe) (Con)]

The Government will know that WTO rules are not something that we fall back on, but the ultimate foundation of all international trade. Will the Minister bear in mind the advice of Economists for Free Trade, which has said that a UK free trade policy could add 4% to GDP in the long term and reduce consumer prices by 8%?

[Mark Garnier]

Free trade is absolutely the key to giving prosperity to the world, including the UK—it is a huge benefit to developing nations, as well as developed nations. For consumers, there is the opportunity to have market choice, and therefore price choice, which can be incredibly helpful to the economy.