UK Parliament / Open data

Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Bill [Lords]

That is not empirical evidence. A forecast is not empirical fact—it is a forecast—and these are modelling exercises by their very nature. I challenge the hon. Member to give me proof from any trade agreement, with the value at the beginning versus what it was at the five-year mark and the 10-year mark. Nearly every trade agreement, whether signed by the European Union, the UK or the Americans, has always been undervalued because the emphasis is on businesses and communities taking advantage of it.

Type
Proceeding contribution
Reference
744 c687 
Session
2023-24
Chamber / Committee
House of Commons chamber
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