Trade Agreements: USA
The question
To ask the Secretary of State for Wales, what assessment she has made of the potential impact of the UK-US Economic Prosperity Deal on Wales.
Answered by Jo Stevens
Within a year of coming into government, we have secured three new trade deals with India, the EU and the US. Our Trade Strategy is unambiguous in pursuing quicker, more practical deals that deliver a real impact for Welsh businesses. That is why we have prioritised deals with Wales’s largest markets, including the US as our single largest country of destination with over 1000 businesses exporting from Wales.
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 45,000 people across Wales.
The Government remains focused on making sure British businesses can feel the benefits of the deal as soon as possible.
The Government is 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.
My Department will continue to support the ongoing negotiations with the US, led by the Department for Business and Trade.
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