Part of Taxation (Cross-border Trade) Bill – in a Public Bill Committee am 4:15 pm ar 30 Ionawr 2018.
I will deal with the questions as best I can and in order.
The EU has four retaliatory duties in place. It is not really possible to predict how frequently this power will be used. In some ways the question is not really the frequency but whether, when it does happen, we have a procedure in place to allow us quickly and effectively to take action to ensure that we put the matter right. That, rather than the frequency, might be the bigger issue.
Although we will be seeking, and will be prepared to use, the WTO dispute settlement mechanism as a way of ensuring that there is a level playing field for UK business to compete on, and we will have the tools available for us to participate fully in international trade disputes where necessary, we have no particular appetite to be more litigious than is required to protect the UK’s interests.
I will write to the hon. Lady and the Committee on the WTO schedules and the process attached to that.