Business: Surrey
The question
To ask the Secretary of State for Business and Trade, what recent assessment he has made of the potential impact of free trade agreements on family businesses in Surrey.
Answered by Chris Bryant
We do not assess the direct effects of individual Free Trade Agreements (FTAs) on specific types of businesses within specific counties, nor do we monitor the way they are utilised in such granular detail.
However, we do publish assessments of the potential economic, sectoral, distributional and environmental impacts of our FTAs on GOV.UK. As these set out, FTAs have an important role to play in delivering economic growth in all sectors and all regions. Through FTAs, businesses can benefit from tariff reductions, improved market access, and enhanced protections in investment and digital trade.
The department is working hand-in-hand with UK businesses to ensure firms have the tools and knowledge they need to seize these opportunities.
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