Date lodged: 18 January 2017
To ask the Scottish Government what analysis it has carried out of the potential impact that a trade deal between the UK and US would have on Scotland’s economy.
Answered by: Keith Brown 1 February 2017
The USA continues to be Scotland’s top international trading partner, with exports to the US worth £4.6 billion in 2015. In addition, the USA is Scotland’s top source of inward investment, providing 43 of Scotland’s 119 inward investment projects secured in 2015.
The extent to which any UK trade deal could enhance Scotland’s economy will depend entirely on the scope and scale of any such agreement. The Scottish Government will do everything possible to ensure that Scotland’s interests are properly represented in any future trade negotiations between the UK and US, which can only take place once the UK has formally left the EU.
The Scottish Government is clear on the importance of broadening Scotland’s export base and growing our exports and we are working closely with SDI and our enterprise agencies to deliver the actions contained in our Trade and Investment Strategy, including the recently announced that is why we have created a Trade Board, which will provide advice on to boost the number of exporters, to help join up services and support and increase the number of exports to new markets.