Asked by: Lord Dodds of Duncairn (Democratic Unionist Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of the differences in effect of the application of the entirety of the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act 2024 in England compared to its partial application in Northern Ireland.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
Northern Ireland (NI) is in the UK's customs territory and therefore NI traders benefit from UK trade deals including the Comprehensive and Progressive Trans-pacific Partnership (CPTPP). The rules of origin within the deal are clear - NI goods are treated the same way as goods from any other part of the UK.
Our analysis is that this trade deal will increase Northern Ireland's Gross Value Added by around £70 million relative to 2019 values. NI exporters will benefit from these new opportunities: Well over 99% of UK goods exported to CPTPP member countries, including goods from Northern Ireland, will be eligible for zero tariffs.
Asked by: Lord Dodds of Duncairn (Democratic Unionist Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of the effects of the disapplication in respect of Northern Ireland of provisions under sections 2 and 4 of the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act 2024.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
Northern Ireland (NI) is in the UK's customs territory and therefore NI traders benefit from UK trade deals including the Comprehensive and Progressive Trans-pacific Partnership (CPTPP). The rules of origin within the deal are clear - NI goods are treated the same way as goods from any other part of the UK.
The Government's analysis is that this trade deal will increase Northern Ireland's Gross Value Added by around £70 million relative to 2019 values. NI exporters will benefit from these new opportunities: over 99% of UK goods exported to CPTPP member countries, including goods from Northern Ireland, will be eligible for zero tariffs.
Asked by: Lord Dodds of Duncairn (Democratic Unionist Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government how many applications for EU State Aid approval have been made in respect of Northern Ireland since February 2023.
Answered by Lord Offord of Garvel - Parliamentary Under Secretary of State (Department for Business and Trade)
The Government has notified three measures to the European Commission for approval with respect to Northern Ireland since February 2023. Two of these schemes have been or will be applied UK-wide. The third is a Northern Ireland agricultural subsidy scheme, resulting from the benefit and freedom of no longer being part of the Common Agricultural Policy.
Asked by: Lord Dodds of Duncairn (Democratic Unionist Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what discussions they have had with the government of the United States about the promises of investment made by the US President in his 12 April 2023 address at Ulster University.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
The UK Government and Invest Northern Ireland hosted the NI Investment Summit in September, which was a great success in showcasing Northern Ireland’s innovation and technological strengths to around 200 global investors. A US trade delegation visited Norther Ireland in October, during which the New York State Common Retirement Fund announced a new $50m investment into companies based in Northern Ireland
Our network in the US continues to promote Northern Ireland as a prime investment destination. UK Government ministers are participating in a series of engagements around St Patrick's Day to strengthen the vital transatlantic partnership between the US and Northern Ireland.
Asked by: Lord Dodds of Duncairn (Democratic Unionist Party - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what powers, beyond monitoring, will be given to the Office of the Internal Market under paragraph 52 of the Windsor Framework.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
As set out in paragraph 52 of the Windsor Framework the Office of the Internal Market (OIM) will make full use of its remit by specifically monitoring any impacts for Northern Ireland arising from relevant future regulatory changes.
Furthermore, the Government has committed that, in cases where Northern Ireland authorities request that the OIM specifically investigate a concern about a future UK regulatory change, we will provide a full response to any OIM report, taking into account the real-world impacts the report raises.