Trade Negotiations Debate
Full Debate: Read Full DebateBaroness O'Grady of Upper Holloway
Main Page: Baroness O'Grady of Upper Holloway (Labour - Life peer)Department Debates - View all Baroness O'Grady of Upper Holloway's debates with the Department for Business and Trade
(2 days ago)
Lords ChamberMy Lords, defence does not form part of the deal we have in front of us today but, as I said, there are a number of other areas where negotiations are continuing and we hope to have a much more comprehensive deal with the US as quickly as we can. I am sure that defence will be a consideration in those discussions.
My Lords, I am sure that this deal has been warmly welcomed in steel and in the automotive industry, not just JLR. Not everybody realises we export a significant number of Minis to the United States, so it is good news there too.
I have two very quick questions. The first is about labour rights and how they will be protected and advanced as this deal progresses—that would be useful to know. My noble friend the Minister may be aware that under the previous Government and the previous Administration in the United States there was a quad—involving the TUC, our sister trade union centre, the AFL-CIO, the Secretary for Trade, and the US ambassador for trade—which was involved in consulting and developing those labour rights discussions.
Secondly, is it envisaged that there will be an investor-state dispute settlement mechanism? As my noble friend the Minister is very aware, concerns have been expressed that the mechanism models we have to date privilege the interests of big corporations over those of citizens and workers. Her answer will be very important, particularly when we get to the stage of talking about big tech and technology.
My noble friend makes an important point about the wider consultation that needs to take place and, of course, we take the issue of labour rights and labour representation very seriously. As I said, this deal has been put together very quickly. There is a lot more work and consultation to be done on this. We want to make sure that when we get the detail of the treaty it is absolutely fit for purpose and that everybody in the UK will benefit from it. Wherever possible, we intend to make it in the interests of business but also of the workers and citizens of this country. That will be the essence of a good trade deal.