Speeches

Rishi Sunak – 2017 Parliamentary Question on Free Ports

The parliamentary question asked by Rishi Sunak, the Conservative MP for Richmond, in the House of Commons on 18 April 2017.

From Merseyside to Teesside, ports are a great northern success story. Will my right hon. Friend look into the potential for the creation of free ports throughout the United Kingdom? Free trade zones would increase trade, create manufacturing jobs and boost regional growth, which are all key ingredients of our future economic prosperity.

Mr Hammond

My hon. Friend has made the case for free ports, and the Government have heard that case very clearly. We will consider all options that have the potential to support our ambition to see Britain as a great global trading nation, but before making any decisions we shall need to consider carefully not only the advantages that free ports can deliver, but the costs and potential risks associated with them.