Trade Agreements: Japan

(asked on 30th October 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, if she will publish the economic modelling of the comparison between the EU-Japan trade agreement and the UK-Japan trade agreement.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 4th November 2020

The economic modelling in our impact assessment compares the impact of the agreement against a baseline where the UK does not have an agreement with Japan. This is the most appropriate baseline to compare impacts against because, without this agreement, at the end of the transition period the UK and Japan would revert to a trading relationship without a trade agreement. The Parliamentary Report sets out changes in the agreement from the EU-Japan trade agreement to the UK-Japan agreement and a description of their expected impacts.

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