The International Trade Committee takes evidence for two of its inquiries: UK-US Trade relations and the UK Trade Remedies Authority. The session looks at a potential UK-US free trade deal and the Trade Remedies Authority.
Wednesday 7 March 2018, Committee Room 6, Palace of Westminster
At 10.00 am
- The Rt Hon Greg Hands, Minister of State for Trade Policy
UK-US Trade relations
The Committee will examine the Government’s approach to a future UK-US Free Trade Agreement (FTA). It will consider the potential economic benefits of an FTA and the Government's current thinking on issues such as regulatory cooperation, liberalisation of trade in services and government procurement.
The session will also consider the UK's current work on scoping an agreement and what it is doing to prepare for its relationship with the US after Brexit.
UK Trade Remedies Authority
The UK Trade Remedies Authority (TRA) is part of the framework for the UK’s future trade remedies regime and was announced in the Trade Bill in November 2017.
The TRA will both advise and support the Secretary of State to perform certain functions and conduct trade remedies investigations – a function that the UK has not had to perform since its accession to the then EEC in 1973.
The session will examine what progress has been made in establishing the body. It will also look at the structure and functions of the TRA, and consider whether the TRA will be in a position to operate effectively and independently of the Government as of March 2019.