West Midlands MEP Daniel Dalton, lead negotiator for the ECR Group on the Internal Market Committee (IMCO), has lauded Conservative victories in a key vote on the proposed free trade deal with the USA. IMCO members voted to endorse key Conservative objectives, backing a comprehensive agreement that protects investors, without limiting the scope of a deal before negotiations have even seriously begun.
The Transatlantic Trade and Investment Partnership has huge potential to deliver significant economic growth and new jobs to the UK, with independent analysis estimating that removing existing barriers to trade, including tariffs, regulatory differences and market access limitations, will deliver as much as £10 billion annually to the UK economy.
After the vote, Mr Dalton commented:
"This vote signifies that the European Parliament is serious about negotiating a free trade deal with the United States."
"A comprehensive agreement with America will deliver jobs and growth to the UK, you cannot achieve that if investors don't feel safe, and if options are taken off the negotiating table too early, so I welcome today's result."