UK–Commonwealth Trading Relationship

Lord Bishop of St Albans Excerpts

Thursday 8th July 2021 Lords Chamber

[The Lord Bishop of St Albans [V]]

My Lords, I welcome Her Majesty’s Government’s intent to strengthen ties with the Commonwealth as we transition to our new reality outside the European Union. When we entered the European Common Market, we severed many tight economic ties with some of our Commonwealth partners. It is because of that that I am particularly pleased at the announcement of the economic partnership agreement with CARIFORUM, which covers many countries with whom we continue to share a head of state.

My diocese is linked with the Windward Islands, and we are glad to have a large community of Vincentians living in Luton. They have told me of the extraordinary economic disruption that occurred to them when we joined the EEC. Although many of these Commonwealth realm territories contained within the CARIFORUM agreement are small in GDP terms, there is a symbolic importance to this agreement, and I hope it will be a platform to further invest and engage culturally with these territories to strengthen our existing ties.

While any future agreements with Commonwealth countries have the potential to create prosperity, it is vital that this prosperity is truly mutual, delivers material improvements to the ordinary citizens of those countries and does not constitute the sort of extractive relations of the past. However, as we know, the Commonwealth is primarily an organisation that affirms our commitment to shared values—democracy, human rights and freedom of religion, to name a few—and it is important that future economic agreements promote these values. We cannot presume that free trade and market liberalisation alone will naturally deliver liberal and tolerant societies, and I hope that our continued engagement with the Commonwealth does not devolve into a quid pro quo economic relationship stemming from our need to sign trade agreements. We should not shy away from the fact that some Commonwealth members do not have the sort of record on our shared values that one might expect or hope. As part of the Government’s vision of global Britain, I hope that we will explore seriously the ways we can embed positive social consequences into trade deals and truly be that force for good in the world that the Foreign Secretary has spoken of so powerfully in the past.