BIA submission to the Public Bill Committee’s consultation on the Trade Bill

The BIA and the ABPI have responded to the House of Commons Public Bill Committee’s consultation on the Trade Bill.  

In our submission, we highlighted:

  • The sector’s reliance on the current EU trade arrangements through supply chains, exports, and imports, and the risks to the supply of medicines disruptions to these arrangements would cause
  • EU FTAs are a key component of our sector’s approach to global trade and help drive global alignment of rules and higher standards
  • The importance of the UK adopting EU FTAs, and any FTAs agreed by the EU and third countries during the transition period, before the UK’s formal exit from the EU
  • The UK should prioritise accession to the WTO Pharmaceutical Tariff Elimination Agreement underpins, which our sector’s ability to trade tariff-free for most products

The Trade Bill has now passed through the Committee Stage and will continue its progression through the House of Commons and then the House of Lords.

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