Speeches

Mark Menzies – 2016 Parliamentary Question to the Department for International Trade

The below Parliamentary question was asked by Mark Menzies on 2016-07-20.

To ask the Secretary of State for International Trade, what steps his Department is taking to negotiate a trade deal with the Mercosur trading bloc.

Greg Hands

The EU is currently negotiating a trade deal with Mercosur. Until we have left the EU, the UK will remain a member of the EU with all of the rights and obligations that membership entails.

In due course, Britain will be leaving the EU. This offers us an opportunity to forge a new role for ourselves in the world: to negotiate, in time, our own trade agreements and to be a positive and powerful force for free trade. The Prime Minister has established the Department for International Trade to promote British trade across the world and ensure the UK takes advantage of the huge opportunities open to us. The Government is currently reviewing its trade policy. We will engage fully with a broad range of stakeholders, including both governments and business over the coming weeks and months as we prepare for the negotiation with the EU and other international partners.