Oral Answers to Questions
Debate between Stephen Mosley and David Lidington(9 years, 9 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Lidington
As regards food safety, clearly we should be guided at all times by rigorous scientific analysis of what the risks amount to. On investor-state dispute settlements, the United Kingdom is already party to more than 90 of these, and the TTIP would provide explicit protection for the right to regulate, so I do not think the hon. Gentleman’s fears would be realised.
Stephen Mosley (City of Chester) (Con)
23. It is estimated that EU-US free trade will save the average family £400 a year through cheaper prices and increased competition. With such huge potential benefits, will my right hon. Friend push to ensure that the TTIP negotiations are completed as quickly as possible?
Mr Lidington
We believe that it is in the interests of every family in the United Kingdom that this successful trade deal is concluded as soon as possible. Priority areas for us include the automotive industry, financial services, procurement, agriculture, and food and drink. There are tremendous opportunities for British business through a successful TTIP negotiation.