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Harriett Baldwin calls on Government to open up financial services exports to the US


17th October 2019

Harriett Baldwin questions the Government about opening up financial services exports to the US and removing some non-tariff barriers.

Harriett Baldwin (West Worcestershire) (Con)

Our biggest export sector is services, which are invisible, and particularly financial services. Our biggest export market is the US. What discussions has the Secretary of State had about opening up financial services exports to the US and removing some non-tariff barriers?

Elizabeth Truss

My hon. Friend is absolutely right—this is a fantastic opportunity for the UK. When I was out in the US, I met Bob Lighthizer, and I also met the Treasury Secretary to discuss those potential opportunities with him. The UK is not just going to roll over in a trade deal with the US. We will make sure that our industries are promoted. We want barriers removed in the US to our successful service industries.

Hansard

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