Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department have made of the effect on proposals for freeports of the UK trading with the EU under CETA rules after the transition period.
The Government is seeking a friendly relationship with the EU, based on free trade and as sovereign equals. That relationship will be established on 1 January next year.
The Government will also strike trade deals with old and new friends and partners across the globe.
Aside from the UK’s future trading relationships, the Government is consulting on creating up to 10 freeports to level up communities across the UK. The Government are currently consulting publicly on freeports policy, including on a new, ambitious customs model.