COMMONS

Academics and experts questioned on UK trade in services

12 March 2019

The International Trade Committee looks at the main barriers faced by UK services exporters, how the UK should seek to liberalise international trade in services, including negotiating international agreements, and potential domestic policy implications.

Witnesses

Wednesday 13 March, Committee Room 16, Palace of Westminster

At 10.00am

  • Professor Catherine Barnard, Faculty of Law, University of Cambridge
  • Sam Lowe, Senior Research Fellow, Centre for European Reform
  • Professor Lucia Quaglia, Professor of Political and Social Science, University of Bologna
  • Professor L. Alan Winters, Director of UK Trade Policy Observatory, University of Sussex

At 11.00am

  • Jonathan Athow, Deputy National Statistician, Office for National Statistics
  • Anjalika Bardalai, Chief Economist and Head of Research, TheCityUK
  • Dr Ingo Borchert, Senior Lecturer in Economics, UK Trade Policy Observatory

First panel

In the first panel of this session, the Committee will hear from academic experts, with the aim of determining and explaining key concepts that underpin analysis of trade in services.

The Committee is expected to focus on how services trade is understood under World Trade Organization (WTO) terms, the extent to which trade in services is included in EU Free Trade Agreements (FTAs), and the EU regulatory regime covering financial services trade (which currently provides the majority of UK financial services legislation).

Second panel

In the second panel of the session, the Committee will hear from representatives from the Office for National Statistics, the UK Trade Policy Observatory (UKTPO) and TheCityUK (which represents the UK-based financial and related professional services industry).

The Committee is expected to look at data available on trade in services, and what conclusions can be drawn from those data.

TheCityUK has been a vocal advocate for the interests of the financial services industry to be prioritised in negotiations regarding the future trading relationship between the UK and EU, as well as in the negotiation of future FTAs.

Further information

Image: iStockphoto

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