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<p>The Government is aware that the EU negotiating mandate explicitly refers to state
aid in the context of any future trade agreement between the EU and UK. This future
relationship is subject to negotiation.</p><p> </p><p>While the Government cannot
speculate on outcomes at this stage, any future regime will be based on the principles
of open and fair markets. As my Right Hon Friend the Prime Minister said in Florence
the Government believes “it would be a serious mistake to try to beat other countries’
industries by unfairly subsidising one’s own”.</p><p> </p>
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