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.
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.