Business: North East

(asked on 14th January 2021) - View Source

Question to the Department for International Trade:

What assessment she has made of the effect of the UK-EU Trade and Cooperation Agreement on businesses in North East England that trade internationally.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 14th January 2021

The Trade and Cooperation Agreement is the first free trade agreement the EU has reached based on zero tariffs and quotas and is fantastic news for the North East. The Trade and Cooperation Agreement includes Rules of Origin that frequently exceed what the EU has previously agreed. For example, innovative rules to support trade in electric vehicles will benefit our world-leading car manufacturers including in the North East.

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