UK Trade with EU

(asked on 3rd July 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department has made an assessment of the effect on the UK economy of a customs agreement with the EU that includes participation in the Common External Tariff and Common Commercial Policy.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 11th July 2017

The government has undertaken a significant amount of work to assess the economic impact of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.

We want to conclude a deep and special partnership with the European Union. This includes pursuing a new customs agreement that allows for the freest possible trade in goods and services between the UK and EU member states.

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