Lord Howell of Guildford
Main Page: Lord Howell of Guildford (Conservative - Life peer)Department Debates - View all Lord Howell of Guildford's debates with the Leader of the House
(4 years, 10 months ago)
Lords ChamberMy Lords, I know that this Statement of the Prime Minister’s vision is mostly about our future alliances and foreign policy. As he said, the rising economies are where 90% of the world’s growth is going to come from. He also said that the International Trade Secretary is going to give a more detailed Statement next week. Can the House be assured that, in that Statement, there will be more specifics about the great new trade networks we are going to join, such as the Trans-Pacific Partnership, COMESA, the Pacific Alliance and the Commonwealth network, which is the biggest network in the world and where we have peculiar advantages? Oddly, there is absolutely nothing about the Commonwealth in this Statement. I find that rather surprising.
I thank my noble friend. I can assure him that the Commonwealth is at the forefront of our mind and we will be working closely with Commonwealth countries. I am sure that the Statement later this week will cover some of the issues he would like covered. We intend to launch negotiations with the United States, Japan, Australia and New Zealand as soon as possible. It is our ambition to secure 80% of our total trade through new deals over the next three years. We have already had conversations with Japan and Australia. As the Statement said, my right honourable friend the Foreign Secretary will be visiting a number of countries over the next couple of weeks. As I also mentioned in my response to the noble Baroness and noble Lord, we have built up capacity in the Department for International Trade to make sure that we can hit the ground running.