Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign and Commonwealth Affairs, what recent progress has been made on negotiating the Transatlantic Free Trade Agreement; and if he will make a statement.
The Transatlantic Trade and Investment Partnership (TTIP) offers an enormous economic prize, worth up to £400 for each household in the UK through lower prices, and £10bn to our economy as a whole in jobs and investment. The eighth negotiating round will be held later this year. We are making progress and our ambition remains to agree a deal next year.