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This debate rather passed me by, and I suspect it will rather pass most MPs by, but there are some critical questions, none more than 'why FTAs with US, Australia, New Zealand'? No convincing rationale has ever been offered, given these are already relatively open economies.
Second fundamental trade question, why do we want trade agreements? What are our particular exporting sectors, or rather, what will they be in the years to come, and what barriers that can be addressed do we seek to remove?
Third question, what do we have to offer to trade agreement partners in exchange for what we want? Do we want to retain some high tariffs so they can be bargained away, or not? Otherwise we are pretty open as an economy except in terms of visas. Is that our big offer?
Much more can be said, but suspect this is not a day when there's a lot of interest in future UK trade policy. Any MPs who want a quick cheat sheet though - try this one... ecipe.org/blog/the-next-…
