Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations he has received from the the Government of the Dominican Republic on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The Government is committed to seeking continuity in its current trade and investment relationships, including the CARIFORUM-EU Economic Partnership Agreement which includes the Dominican Republic. My noble Friend, the former Minister of State for Trade Policy (Lord Price), and UK trade officials met with representatives of the CARIFORUM Member States, including the Dominican Republic, in the spring to begin discussions to achieve this.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations have been made to the Government of the Dominican Republic on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The Government is committed to seeking continuity in its current trade and investment relationships, including the CARIFORUM-EU Economic Partnership Agreement which includes the Dominican Republic. My noble Friend, the former Minister of State for Trade Policy (Lord Price), and UK trade officials met with representatives of the CARIFORUM Member States, including the Dominican Republic, in the spring to begin discussions to achieve this.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations he has received from the Government of Morocco on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The UK Government is committed to seeking continuity in its current trade and investment relationships, including those covered by EU Free Trade Agreements or other EU preferential arrangements. We are actively exploring what may be possible in terms of replicating the effects of the current association agreement with Morocco in order to provide certainty for businesses.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations have been made to the Government of Morocco on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The UK Government is committed to seeking continuity in its current trade and investment relationships, including those covered by EU Free Trade Agreements or other EU preferential arrangements. We are actively exploring what may be possible in terms of replicating the effects of the current association agreement with Morocco in order to provide certainty for businesses.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations have been received from the Government of South Korea on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The UK Government is committed to seeking continuity in its current trade and investment relationships, including those covered by EU free trade agreements or other EU preferential arrangements. At the UK-Korea JETCO in December 2016, my Rt hon Friend the Secretary of State for International Trade and the South Korean Trade Minister agreed to establish a UK Korea Trade Working Group. The Working Group will discuss tackling barriers to trade and investment, wider global trade issues and how to ensure continuity for businesses, as well as exploring future trade opportunities following the UK’s exit from the EU. The first meeting of the Working Group was held in Seoul in February 2017.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations have been made to the Government of South Korea on replicating its EU-wide trade deal with the UK after the UK leaves the EU.
Answered by Greg Hands
The UK Government is committed to seeking continuity in its current trade and investment relationships, including those covered by EU free trade agreements or other EU preferential arrangements. At the UK-Korea JETCO in December 2016, my Rt hon Friend the Secretary of State for International Trade and the South Korean Trade Minister agreed to establish a UK Korea Trade Working Group. The Working Group will discuss tackling barriers to trade and investment, wider global trade issues and how to ensure continuity for businesses, as well as exploring future trade opportunities following the UK’s exit from the EU. The first meeting of the Working Group was held in Seoul in February 2017.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment his Department has made of the potential use of the EU's proposed multilateral investment court.
Answered by Greg Hands
The European Commission has proposed a multilateral investment court (MIC) to replace traditional investment dispute settlement mechanisms in individual trade and investment agreements. This initiative is at an early stage and there are as yet no detailed proposals regarding how a MIC would function or be resourced.
The Government is engaging with EU institutions and member states through the Council as the proposal is developed. The European Commission has recently completed a public consultation on the MIC. The Government encouraged key stakeholders from across the civil society, business, arbitration and legal communities to engage in this exercise.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations his Department has made to EU institutions and member states on the EU's proposed multilateral investment court.
Answered by Greg Hands
The European Commission has proposed a multilateral investment court (MIC) to replace traditional investment dispute settlement mechanisms in individual trade and investment agreements. This initiative is at an early stage and there are as yet no detailed proposals regarding how a MIC would function or be resourced.
The Government is engaging with EU institutions and member states through the Council as the proposal is developed. The European Commission has recently completed a public consultation on the MIC. The Government encouraged key stakeholders from across the civil society, business, arbitration and legal communities to engage in this exercise.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations his Department has received from EU institutions and member states on the EU's proposed multilateral investment court.
Answered by Greg Hands
The European Commission has proposed a multilateral investment court (MIC) to replace traditional investment dispute settlement mechanisms in individual trade and investment agreements. This initiative is at an early stage and there are as yet no detailed proposals regarding how a MIC would function or be resourced.
The Government is engaging with EU institutions and member states through the Council as the proposal is developed. The European Commission has recently completed a public consultation on the MIC. The Government encouraged key stakeholders from across the civil society, business, arbitration and legal communities to engage in this exercise.
Asked by: Stephen Gethins (Scottish National Party - Arbroath and Broughty Ferry)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what representations his Department has received from civil society organisations on the EU's proposed multilateral investment court.
Answered by Greg Hands
The European Commission has proposed a multilateral investment court (MIC) to replace traditional investment dispute settlement mechanisms in individual trade and investment agreements. This initiative is at an early stage and there are as yet no detailed proposals regarding how a MIC would function or be resourced.
The Government is engaging with EU institutions and member states through the Council as the proposal is developed. The European Commission has recently completed a public consultation on the MIC. The Government encouraged key stakeholders from across the civil society, business, arbitration and legal communities to engage in this exercise.