Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what recent assessment she has made of the potential effect of her Department’s trade policies on growth for British businesses.
We recently set out the potential benefits of a Free Trade Agreement with India in our published ‘Scoping Assessment’, which shows that the British economy could grow by between around £3,300 million and £6,200 million in the long run as a result of an agreement.
An ‘Impact Assessment’ has been published on the recently signed agreement with Australia too, which shows that the British economy could increase by around £2,300 million in the long run, compared to without the deal.