Adrian Bailey
Main Page: Adrian Bailey (Labour (Co-op) - West Bromwich West)Department Debates - View all Adrian Bailey's debates with the Department for Education
(9 years, 8 months ago)
Commons ChamberIt is very important that businesses have a strong voice in the leadership of the local economy. That is what they are achieving through LEPs and it has been one reason why more than 2 million new private sector jobs have been created during this period. My hon. Friend has been an active campaigner for projects in her local area with some success, and I know that she will continue to influence the business and the local authority participants in her LEP.
T4. The Government have a target, signed off at the highest level, I believe, of achieving £1 trillion of exports by 2020, doubling the current figure in five years. When asked at the Business, Innovation and Skills Committee, a UK Trade & Investment representative described it as an “energising aspiration”. Is it an energising aspiration or is it a realistic, achievable target?
The target of £1 trillion of exports by 2020 is the target, and a realistic one. It is an energising target, an aspiration, an ambition and a goal. We can get there as a country and we can reach it, but it will require a huge amount of effort. That is why trade deals such as the EU-US trade deal known as TTIP, the Transatlantic Trade and Investment Partnership, are so important in reaching that aspiration, goal and achievement.