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Prime Minister

Volume 130: debated on Tuesday 29 March 1988

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To ask the Prime Minister if she will raise at the next meeting of the European Council the size of the United Kingdom's trade deficit with the EEC; and if she will make a statement.

No. The EC is our largest market, which takes about 50 per cent. of our exports; it is up to United Kingdom exporters to take further advantage of the market of 320 million people that the EC provides. The removal of remaining barriers to trade leading to the achievement of a single market in 1992 will afford plenty of opportunities to do so.