(2 years, 7 months ago)
Lords ChamberMy Lords, that is a good point, but I think that the House will appreciate that changing railway gauges is a complex process, which cannot be done in the short term. Let us hope that this conflict does not go on for so long that that becomes the solution.
My Lords, given concerns about the supply and cost of imported grain into the UK, why are Her Majesty’s Government maintaining tariffs on imported wheat averaging 16%?
My Lords, my department has taken strong action in relation to this, either reducing or eliminating tariffs from Ukraine, which was obviously the right thing to do in the terrible situation facing the people of Ukraine.
(2 years, 10 months ago)
Lords ChamberI agree with the noble Lord. Harmonious arrangements and harmonious affairs between nations are the way to increase trade and investment, and we all benefit from that. Let us hope that harmony is restored in these important matters.
My Lords, let the European Union be as protectionist as it wishes. Does my noble friend the Minister accept that it is for the benefit of British consumers and manufacturing businesses to have access to imports from the rest of the world at the lowest cost and with the least bureaucracy and fuss? Do the Government have a plan for making this easier?
My noble friend raises an important point. We are absolutely committed to ensuring that businesses get the support they need. It is very interesting that, in 2021, trade with non-EU nations fared relatively better than trade with the EU. Goods imports from other countries exceeded the value of goods imports from the EU for the 10th month in a row. This is global Britain in action.
(3 years, 6 months ago)
Lords ChamberMy Lords, the precise details of the UK-Australia free trade agreement are a matter for ongoing negotiations. In respect of ISDS, the UK Government consider the inclusion of ISDS provisions in FTAs on a case-by-case basis and in light of the unique UK-Australia investment relationship. We are huge investors in each other’s markets and appropriate ISDS will benefit investors on both sides.
My Lords, is my noble friend aware that many noble Lords are absolutely thrilled at the announcement that this deal is about to be agreed? If we are to grant the European Union unfettered tariff- and quota-free access to the United Kingdom market, what possible objection could there be to allowing the same to Australia—an advanced, civilised country with high standards? There can be no objection at all. Does my noble friend agree that if the National Farmers’ Union continues to resist every change consequent on Brexit in such a curmudgeonly fashion, it will be losing and forfeiting opportunities for its own farmers and members to export throughout the world and, in this case, to Australia?
My Lords, my noble friend is completely right. We should all recognise that British beef and lamb are among the best in the world and the Australia-UK FTA will bring new export opportunities to British farmers. We should be proud that the UK produces high-quality premium produce that is globally sought after. A deal with Australia is a gateway to joining the Trans-Pacific Partnership and there will be a growing demand for UK meat in these markets.