Asked by: Nick Smith (Labour - Blaenau Gwent and Rhymney)
Question to the Department for International Trade:
What recent assessment she has made of the potential effect of her Department’s trade policies on growth for British businesses.
Answered by Graham Stuart
We have set out the potential impacts of Free Trade Agreements in our published Scoping Assessments for the US, Australia, New Zealand and CPTPP. An Impact Assessment has also been published on the recently signed agreement with Japan, which shows that it goes beyond the existing EU deal, providing a long-run boost to the UK economy of around £1.5bn, compared to a situation without the deal. Output in the North West and Wales could increase by £64 million and £34 million respectively.
Asked by: Nick Smith (Labour - Blaenau Gwent and Rhymney)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, how many bilateral meetings her Department has had on trade in steel or steel products at (a) ministerial and (b) official level since September 2019.
Answered by Graham Stuart
Since September 2019 the Department for International Trade has engaged bilaterally on trade in steel or steel products once at a ministerial level and on six occasions at official level. Ministers have also attended roundtables on issues which related to trade in steel or steel products, for which the steel industry were also in attendance.