Oral Answers to Questions Debate
Full Debate: Read Full DebateAlexander Stafford
Main Page: Alexander Stafford (Conservative - Rother Valley)Department Debates - View all Alexander Stafford's debates with the Department for International Trade
(4 years, 2 months ago)
Commons ChamberMy hon. Friend is absolutely right. How refreshing it is to have a representative in the Don Valley who cares about business and recognises that trade needs to look at the wide scope of issues but at its heart is about the economic benefit that it brings to local people. Again and again, in session after session of these questions, the Labour party focuses on everything other than the economic benefit—the jobs and prosperity—that trade brings. That is why this Government will continue to support entrepreneurs; the Opposition come up with complex and sophisticated arguments, but again and again they oppose the very measures that will help to ensure employment and prosperity for the people of this country.
Britain’s trading relationships are already strong in the middle east. In the year ending March 2020, we had bilateral trade of £43.7 billion with the Gulf Co-operation Council countries and £5.1 billion with Israel. I know that my hon. Friend will join me in welcoming the Prime Minister’s appointment of Lord Austin—former Labour MP for Dudley North—as trade envoy to Israel. As Britain has now taken back control of her trade policy, I can confirm that we are now able to start scoping and probing for talks for a new higher-ambition trade agreement with Israel. We have already launched a joint trade and investment review with the GCC, taking us on the next leg of the journey to free trade with its members.
I join my hon. Friend in congratulating Lord Austin, who is a balanced and fair parliamentarian, on his great role, and we look forward to his work there. Given our strong and very positive relationships both with Israel and the Gulf states, the UK has a key role in striking deals. Will he update the House on what further plans we have for striking deals with these countries, as this will not only be good for UK exports but for our international relations as well?
My hon. Friend is right. I am delighted that the United Kingdom-Israel trade and partnership agreement was one of the first agreements to be signed by the Department, and relations will be enhanced as we further deepen our work with Israel. As I mentioned, we have recently launched the United Kingdom GCC JTIR—joint trade and investment review—which will facilitate agreements with our friends there to broaden our trade relationships and realise new opportunities in areas such as education, healthcare, and food and drink. Recently my Department’s lobbying secured an improvement in the United Arab Emirates’ labelling rules, which has allowed businesses such as sports nutrition start-up Grenade in Solihull to continue to grow in the market. I look forward to securing many more opportunities for businesses across the country.