Trade Agreements: USA
The question
To ask the Secretary of State for Northern Ireland, what assessment he has made of the potential impact of the UK-US Economic Prosperity Deal on Northern Ireland.
Answered by Hilary Benn
In May, the UK concluded a landmark economic deal with the US. This deal protects jobs in the automotive, steel, aluminium, pharmaceutical and aerospace sectors - sectors that employ over 320,000 people across the UK. In addition, an estimated 260,000 jobs are supported by the auto industry in the wider economy.
For the first time ever, this deal will open up exclusive access for UK beef to the US market. This is a major opportunity for NI farmers to sell their high quality beef to a market of over 300 million people, helping farmers grow their business.
The Government remains focused on making sure businesses can feel the benefits of the deal as soon as possible. We are continuing discussions on the UK-US Economic Prosperity Deal which will look at increasing digital trade, enhancing access for our world-leading services industries and improving supply chains.
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