Debates between Lord Faulkner of Worcester and Baroness Liddell of Coatdyke during the 2019-2024 Parliament

UK–Commonwealth Trading Relationship

Debate between Lord Faulkner of Worcester and Baroness Liddell of Coatdyke
Thursday 8th July 2021

(3 years, 4 months ago)

Lords Chamber
Read Full debate Read Hansard Text
Baroness Liddell of Coatdyke Portrait Baroness Liddell of Coatdyke (Lab) [V]
- Hansard - - - Excerpts

I too congratulate the noble Lord, Lord Howell, on securing this debate. We do not talk about the Commonwealth enough. It is often an afterthought and now that we are looking for trading partners, it is up there in our priorities.

The noble Lord mentioned leading Commonwealth figures, but did not mention one of our own number, the Secretary-General of the Commonwealth, my noble and learned friend Lady Scotland of Asthal. I refer to the point made by the noble Baroness, Lady Hooper, who said that there is a real opportunity there for us as a Parliament as well as a Government to enter into much more of a dialogue on what is happening to the entire Commonwealth. We need much more to take into account the entire Commonwealth, where we often have a trade surplus.

In 2019, 69% of our trade with the Commonwealth was with India, Canada, Australia, Singapore and South Africa. The remaining 44 countries accounted for the remaining 31%. My noble friend Lady Chapman, in her excellent introduction to the debate from the Opposition Benches, talked about ways we could help some countries in the Commonwealth reform. That is something that various trade deals could bring about. Will the Minister tell the House where the Government stand on strengthening the unilateral preferences that they grant to developing Commonwealth countries for their mutual benefit? How do the cuts in overseas aid fit in with that?

The Government have said that they provide for duty-free, quota-free access for the least-developed countries and have put in place a preferential scheme for them. The Prime Minister himself has been clear about the relationship between development and trade. Is that not an area in which we can use the opportunities of trade to bring greater benefit and reform in some Commonwealth countries?

We have, too, to be genuine in looking at the opportunities in the developed countries. There is a great deal of talk in Australia about how well that country has done out of the negotiations with the United Kingdom, but we must take into account the problems that some of our farmers face. Therefore, we cannot be romantic about the nature of deals with the Commonwealth, which we have to look at in some detail. There is a concentration among the highly developed countries of the Commonwealth such as Canada, Australia and New Zealand that could seriously disadvantage the less-developed countries. If we want the Commonwealth to thrive, we have to think of the less-developed countries as well.

Lord Faulkner of Worcester Portrait The Deputy Speaker (Lord Faulkner of Worcester) (Lab)
- Hansard - -

The noble Earl, Lord Shrewsbury, and the noble Lords, Lord St John of Bletso and Lord Hain, have all withdrawn, so I call the noble Lord, Lord Lansley.