(6 years, 7 months ago)
Commons ChamberAs part of its preparations for future trade negotiations, the Department for International Trade has established 14 trade working groups and high-level dialogues with key trade partners beyond the EU to explore the best ways of progressing our trade and investment relationships.
Many businesses in my constituency, particularly in the seafood sector, are reliant on the free flow of supplies. Does the Minister share my confidence that new arrangements can be made to ensure that, particularly in the seafood sector, supplies are maintained without any undue delay?
My hon. Friend is a passionate advocate for the fish and seafood sector in his constituency. Those sectors already contribute £1.3 billion to the UK economy. I am concerned about reports of problems at Five Star Fish in Grimsby, next door to his constituency, but I can tell him that leaving the common fisheries policy presents the opportunities to boost exports, expertise and fish-related services.
(6 years, 9 months ago)
Commons ChamberThe hon. Lady is quite right to point out the importance of services to our trade. Overall, services represent 80% of our economy and 79% of jobs. My right hon. Friend the Secretary of State and the whole team are working closely with the Department for Digital, Culture, Media and Sport to ensure that we continue to grow exports from our creative sector and that investment from abroad continues to come into the sector. We often visit places such as Tech City UK and techUK, and we are working closely with them to ensure that we have a flourishing future for our creative industries.
Last week, as co-chair of the all-party parliamentary group on Kosovo, I visited a British company in Pristina that has a £20 million investment there. What opportunities does the Minister foresee for widening our trade in goods and services with Kosovo and the neighbouring western Balkan countries?
This is a very good opportunity. That is a part of the world that I know well, and I think that the company to which my hon. Friend refers is called Fox Marble—a highly appropriate name for this particular Question Time. It finds top-quality marble in Kosovo for export, and it should be congratulated. In regard to the wider region, we work closely with the Foreign and Commonwealth Office to promote trading opportunities throughout the region.
(6 years, 10 months ago)
Commons ChamberLast month, I welcomed a delegation from Taiwan to my constituency, where we met representatives of the offshore renewables sector and the seafood sector. Will Ministers work with me and with local businesses to ensure that we maximise our exports to that growing market?
Last month, I chaired the second of our joint economic and trade committee talks with Taiwan, and I can tell my hon. Friend that renewable energy was right at the heart of those talks. The UK has the highest capacity market anywhere in the world for offshore wind, and that is of strong interest to the Taiwanese authorities. Those discussions are ongoing.
(7 years ago)
Commons ChamberThis is an excellent opportunity to correct the misinformation that was put in The Guardian on Monday, on which the Department put out a release afterwards to be absolutely clear that the basis of the meeting with the Brazilian Energy Minister, which I might add was public at the time—I even put it on Twitter, but it took The Guardian six months to pick up on it—was to secure a level playing field for British companies in that market. We make no apology for saying that Brazil’s tough environmental regulations should apply equally to all companies across the board.