Viscount Waverley – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Viscount Waverley on 2016-06-07.

To ask Her Majesty’s Government which trade agreements would have to be individually negotiated in the event of a vote to leave the EU in the forthcoming referendum, broken down by region.

Lord Price

As set out in the Government’s documents to inform the debate ahead of the referendum, were the UK to leave the EU, as well as losing the UK’s guaranteed access to the Single Market, the UK would also lose the use of the EU’s free trade agreements with over 50 economies worldwide. These countries are listed on page 45 of the Government’s “Alternatives to membership: possible models for the United Kingdom outside the European Union”. This page also provides a map highlighting trade agreements in place, those under negotiation, and those currently being planned for.