Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what estimate her Department has made of the projected increases over the next 15 years in (a) cash and (b) percentage terms of (i) UK exports to Vietnam and (ii) growth in UK GDP which will result from the Continuity Agreement agreed with Vietnam; and whether those figures are higher, lower or approximately the same compared to the projected increases that were forecast from the EU-Vietnam Agreement.

The Department does not have Computable General Equilibrium (CGE) or similar economic modelling on how the United Kingdom-Vietnam Free Trade Agreement (FTA) will affect British exports or Britain’s Gross Domestic Product (GDP) in the long run.

The United Kingdom-Vietnam FTA is designed to maintain continuity of effect of the EU-Vietnam FTA, providing us with a firm foundation for deepening our trade ties in the years ahead.