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<p>Agreeing the Withdrawal Agreement is self-evidently in our economic interest. It
would bring an end to the damaging uncertainty and delay of the past years, and allow
businesses to get on with taking decisions, including around recruitment and investment.</p><p>
</p><p>Approving the Withdrawal Agreement would also allow us to get on with the process
of agreeing a mutually beneficial new trading relationship with our European friends
- a comprehensive and ambitious free trade agreement (FTA). Leaving the Customs Union
and Single Market allows the UK to pursue an ambitious FTA with the EU as sovereign
equals, as well as striking trade deals with other international partners.</p><p>
</p><p>The specifics of our own agreement will be the subject of the next phase of
negotiations. We will keep Parliament updated throughout those discussions and provide
analysis at appropriate points.</p><p> </p><p>The OBR will, of course, continue to
take Government policy – including the UK’s future relationship with the EU – as the
basis for its economic and fiscal forecasts, and will provide its usual comprehensive
analysis as part of these.</p><p> </p>
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