Question

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 9 September 2014 to Question 207177, who is responsible for drafting the text of the prudential carve-out in the Trade in Services Agreement.

The European Commission negotiates on behalf of the Member States in the EU. The negotiating teams of the EU and the other negotiating states are led by chief negotiators, and contain officials with expertise in the areas under negotiation. It is the mutual responsibility of these negotiating teams and their officials to draft the agreements, including in the case of the Trade in Services Agreement (TiSA), the prudential carve-out, which forms part of the Financial Services chapter.