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Oral question asked in the House of Commons, by Chris Mole (Labour). It was answered by Gordon Brown (Labour) on Thursday, 14 June 2007 on behalf of the Treasury.


World Trade

Question
What recent assessment he has made of the impact of world trade on the UK economy; and if he will make a statement.
Answer

According to the World Bank, full trade liberalisation could bring up to $300 billion of benefits and contribute to reducing world poverty. There must be no going back to protectionism. Reaching a Doha trade deal is a crucial step. Europe and America must urgently make progress on agriculture, and further offers on industrial goods by India and Brazil are needed. That would help both the developed world and developing countries.


Secondary information

Type
Oral question
Reference
461 c850 
142563 
Session
2006-07
Oral question type
Lead
Chamber / Committee
House of Commons chamber
Subjects
Trade
Contains statistics
Yes
Link
View this Oral question on www.publications.parliament.uk