Jim Cunningham – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Jim Cunningham on 2016-03-02.

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 2 March to Question 28299, on Transatlantic Trade and Investment Partnership, if he will estimate the cost to his Department of each of the 12 rounds of negotiations; and if he will make a statement.

Anna Soubry

The European Commission conducts trade negotiations – including the Transatlantic Trade and Investment Partnership (TTIP) – on behalf of the EU and, where appropriate, Member States. The Department for Business, Innovation and Skills does not therefore incur the direct costs of the TTIP negotiating rounds.

It is rare that travel undertaken by Ministers and officials relates solely to TTIP, but will usually encompass other issues. Officials within the Transatlantic and International Unit in my Department have the lead policy responsibility for TTIP as well as certain other international matters. The total travel expenditure by these officials in 2014/15 was £25,081, in 2015/16 £14,269.

The cost to the Department of any travel undertaken in relation to TTIP is greatly offset by the economic prize that an ambitious agreement offers. Independent analysis shows that a comprehensive TTIP agreement could give an annual boost to the UK economy of as much as £10 billion each year.