(6 years, 7 months ago)
Commons ChamberBusinesses in my constituency tell me that they need the preferential trade rates with 88% of countries in the rest of the world that they currently enjoy as part of the EU. How do the Government propose to equal or exceed those preferential rates before our businesses lose contracts to EU competitors?
The EU currently has many international agreements with third countries, and it is the policy, agreed in the withdrawal agreement, that we will adopt a continuity approach, so that all those international agreements to which we are party by virtue of our membership of the EU will continue to apply after we leave the EU.