LORDS

Government response to Brexit: the options for trade report

03 March 2017

The EU External Affairs and EU Internal Market Sub-Committees have received a response from Lord Bridges of Headley MBE, Parliamentary Under-Secretary of State, Department for Exiting the EU, and Lord Price CVO, Minister of State for Trade Policy, Department for International Trade, to their report, Brexit: the options for trade, which was published on 13 December 2016.

Background

The UK’s decision to leave the EU will fundamentally change its conditions of trade with the 27 other Member States, and with the rest of the world. The report, Brexit: the options for trade, was based on an inquiry conducted jointly by the External Affairs and Internal Market Sub-Committees. It considered the principal possible frameworks for trade after this time, namely joining the European Economic Area (EEA), a customs union with the EU, a Free Trade Agreement (FTA) or trade based on World Trade Organisation (WTO) rules.

Further information

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