All 1 Debates between Baroness Mobarik and Baroness Quin

Tue 24th Jan 2017

UK Exports

Debate between Baroness Mobarik and Baroness Quin
Tuesday 24th January 2017

(7 years, 10 months ago)

Lords Chamber
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Baroness Quin Portrait Baroness Quin
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To ask Her Majesty’s Government what are their current priorities for the promotion of United Kingdom exports of goods and services.

Baroness Mobarik Portrait Baroness Mobarik (Con)
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My Lords, our priority is to put government resources where they can have the greatest impact on UK businesses. The Department for International Trade runs 200 high-value campaigns across a range of markets and sectors. We have a proven framework for analysing where government interventions can add the most value for the benefit of the whole of the UK.

Baroness Quin Portrait Baroness Quin (Lab)
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My Lords, surely it is right that, while we should seek to get a bigger share of new and expanding markets in the world, we also need to have an active export promotion strategy with regard to Europe. Will the Minister confirm that being in the single market is no barrier to trading elsewhere, as demonstrated by the fact that Germany exports four to five times as much to China, for example, as we do? Will she also confirm that, while we at present send just under half of our exports to Europe, in some parts of the country that percentage is much higher? In the north-east it is 58%. For our automotive and aerospace industries in particular, which are very heavily integrated in Europe, the European market is going to be vital.

Baroness Mobarik Portrait Baroness Mobarik
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The noble Baroness is absolutely right. I can reassure her that the Prime Minister has been clear: we seek a bold and ambitious free trade agreement with the European Union, covering tariff and barrier-free trade in goods and services, offering the fullest possible access to the single market for British companies. In relation to particular areas and sectors, since 2015 the Department for International Trade has carried out extra northern export missions and since 2016, Midlands missions. We have introduced teams to lead investments in the north and the Midlands. We are looking at a whole array of different measures to improve our exporting.