The Rt Hon Hugo Swire MP – remarks at the British American Business Chamber 20th anniversary
“EU-US trade alone supports 13 million jobs and nearly 3.5 trillion Euros in investment, and represents nearly half of global GDP.
The EU, including the UK, and other like-minded economies are gradually building a global free trade network – through the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and other EU Free Trade Agreements.
Trade deals are also proof of the multiplying effect of EU membership. It amplifies our power and influence on the world stage. It gives us greater leverage in tough negotiations and enables us to achieve more as part of the EU than we could achieve alone.
I believe the answer on Brexit is clear. The United Kingdom will be better off in a reformed EU”.