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<p>The Trade and Cooperation Agreement (TCA) is a comprehensive free trade deal which
maintains zero tariffs and zero quotas on trade in goods between the UK and the EU.
It also secures market access across a broad range of key service sectors and establishes
close cooperation in areas like transport, digital, and fighting crime.</p><p><del
class="ministerial">The Foreign Commonwealth and Development Office has not prepared
an economic Impact Assessment on the TCA. The Government is taking action to support
businesses across the UK to trade effectively with Europe, including through the free-to-use
Export Support Service. The Government is committed to working with the Welsh Government
where it has an interest in TCA implementation.</del></p><p><ins class="ministerial">Given
the tight Parliamentary timetable the Government faced in December 2020, we were unable
to produce and publish an impact assessment of the TCA before passing the EU (Future
Relationship) Act 2020.</ins></p><p><ins class="ministerial">The Government is taking
action to support businesses across the UK to trade effectively with Europe, including
through the free-to-use Export Support Service. We are also making use of the freedoms
we now enjoy as a result of leaving the EU, including amending our subsidy control
regime to help all public authorities, including the Welsh Government, attract investment
into the United Kingdom.</ins></p>
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