Friday, June 25, 2021

Olney: TPP doesn't deliver for small businesses

Liberal Democrat Spokesperson for Trade Sarah Olney has called on the Government to not rush into the proposed Trans-Pacific Partnership and to "balance our diplomatic interests with our economic ones."

During the Commons debate on the TPP, which will increase GDP by only 0.017%, Sarah urged the Government to consider whether the risks of entering this partnership was in the interests of the public. 
Speaking after the debate, Sarah Olney MP said: 
"The Government have hailed this new agreement as a remedy to post-Brexit trade but in reality it's set to be a drop in the ocean.

"Our most important trading relationship with the EU is suffering, and British small businesses trading with Europe are struggling under complicated new rules and red tape. 

"It is time the Government starts paying attention to the problems of our small businesses and stops deluding itself about the Pacific trade pact."

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