Exports to the European Union Debate

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Department: HM Treasury
Wednesday 20th November 2024

(1 week, 6 days ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I completely agree with the noble Earl. The creative industries, along with many others in our country, have been hit particularly hard by Brexit. We have identified the creative industries as part of the EU reset, identifying touring visas in particular as one of the priorities. The Prime Minister met with the President of the European Commission in Brussels on 2 October, and they have agreed to strengthen the relationship between the EU and the UK, putting it on a more solid and stable footing. We will now work with the EU to identify areas where we can strengthen co-operation for mutual benefit. Obviously, we recognise that delivering new agreements will take time, but we are ambitious, have clear priorities and want to move forward at pace.

Lord Sharpe of Epsom Portrait Lord Sharpe of Epsom (Con)
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My Lords, what precise steps are the Government taking to increase the number of trade agreements with non-EU countries, such as those that the previous Government negotiated including of course with the CPTPP, which noble Lords will be aware represents the fastest-growing economic region in the world?

Lord Livermore Portrait Lord Livermore (Lab)
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As the noble Lord knows, we have acceded to that partnership already. At the G20 this week, the Prime Minister spoke about reopening negotiations with India. In the spring, the Government will publish a trade strategy, in part to reset our relationship with the EU, but also to support more small businesses to export and remove barriers to trade right around the world.