Oral Answers to Questions

Rishi Sunak Excerpts
Thursday 9th March 2017

(7 years, 2 months ago)

Commons Chamber
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David Jones Portrait Mr Jones
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Although we will not continue to be a member of the single market, as I indicated previously we are looking to achieve a very good free trade agreement with the continuing European Union, which would be very much to the mutual benefit of the UK and the European Union.

Rishi Sunak Portrait Rishi Sunak (Richmond (Yorks)) (Con)
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As my right hon. Friend considers the customs union, may I urge him to look at the experience of close trading partners around the world? The US and Canada trade half a trillion dollars of goods annually, Norway does 70% of its trade with the EU, and China buys 30% of Australia’s exports; none of them has seen fit to form customs unions with each other.