Motor Sector: Export Markets Debate
Full Debate: Read Full DebateViscount Waverley
Main Page: Viscount Waverley (Crossbench - Excepted Hereditary)Department Debates - View all Viscount Waverley's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 11 months ago)
Lords ChamberMy Lords, my noble friend makes an excellent point. Of course, these supply chains cannot be turned off and on overnight, but I have no doubt that our FTA programme in general is already helping auto manufacturers in this area, and our new Japan EPA has already demonstrated this utility. Our automotive sector deal supports the industry’s ambition to increase the level of UK content by value in domestically built vehicles to 50% by 2022, so we do not have to see these supply chains only located overseas. It is of course a huge benefit to the United Kingdom if they can be located in our country as well.
My Lords, some time back, the Government announced the formation of regional trade commissioners with great fanfare and a road map that would include the preparation of action recommendations. Despite multiple requests through Questions for Written Answer that progress be made available, to date nothing of substance has been forthcoming. What is the status of each of them? What consultations have there been with individual sector providers, and, importantly, when can Parliament finally assess progress as the result of a more transparent process to be established by the Government?
My Lords, the noble Viscount refers to regional trade commissioners. These are senior officials who are in place throughout the world overseeing our investment and export activities overseas. He may be referring to the trade envoys system, which allocates parliamentarians to individual countries to support trade activities in those countries. These trade envoys do very good work and I am pleased to say that we expect to announce a list of new trade envoys very shortly.