Ukraine
Debate between Alun Cairns and Elizabeth Truss(2 years, 7 months ago)
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Alun Cairns (Vale of Glamorgan) (Con)
I commend my right hon. Friend and the Prime Minister on the actions that they have taken to support Ukraine—which have been recognised by President Zelensky—including through humanitarian and lethal aid and by providing the most supportive scheme for families who are fleeing the horrors in Ukraine. Does my right hon. Friend agree that there will be a consequence for the western world—President Putin will have calculated that—through higher food prices and higher energy prices and an impact on the western world’s economies? Will she continue to play a co-ordinating role to ensure that the western world responds in the most robust way and that all Members of the House come together in recognising the impact?
Elizabeth Truss
It is certainly true that the crisis is having an impact on energy costs and food costs in the United Kingdom. The Chancellor announced measures in his spring statement last week to help to address some of those costs, but we have to be clear that the cost of doing nothing is huge. This is about European security and the future of freedom and democracy, and we know that the people of Ukraine are paying an incredibly high cost at the moment.
The other point that I want to make is that this is not just about the western world; there are real issues about global food security. One of the things that we are working on as part of our new international development strategy is making sure that we support people across the world. There will be increased demand for food. There are concerns about food supply. We are working very closely with our allies on how we ameliorate those effects, which if we do not get this right could have not just food security and humanitarian consequences, but global security consequences.
Japan Free Trade Agreement
Debate between Alun Cairns and Elizabeth Truss(4 years, 2 months ago)
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Elizabeth Truss
We have already made significant progress, achieving agreement in principle; we are working on the legal scrubbing, and I will bringing this back to Parliament very soon.
Alun Cairns (Vale of Glamorgan) (Con)
I warmly congratulate my right hon. Friend and her ministerial team on securing this deal in such quick order. Wales has a long history of attracting inward investment from Japan, with the first foreign direct investment project from Sony coming to Bridgend back in 1973. However, will she guarantee that the finest lamb in the world—Welsh lamb—will have its geographical indicator protected, so that we can continue our deep trading relationship with Japan?
Elizabeth Truss
My right hon. Friend is right about the investment in both countries. This deal seeks to deepen that economic relationship, in services, in manufacturing and, of course, in agriculture. I am delighted to say that Welsh lamb is on the list of geographical indicators that should be recognised by Japan.
Oral Answers to Questions
Debate between Alun Cairns and Elizabeth Truss(4 years, 6 months ago)
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Alun Cairns (Vale of Glamorgan) (Con)
The Secretary of State for International Trade (Elizabeth Truss)
A free trade agreement with the United States is set to deliver a £15 billion increase in bilateral trade, benefiting every region of the UK, including the nation of Wales and the great county of Yorkshire, and delivering an extra £1.8 billion for workers’ wages.
Elizabeth Truss
I thank my hon. Friend for his question. We will shortly be launching negotiations with Japan, Australia and New Zealand, and pressing for early accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This is an important step in diversifying our trade and making sure we are not just dependent on a small number of countries for our imports and exports. It is also important that we work with like-minded free market democracies to help set global standards in trade.
Alun Cairns [V]
Does the Secretary of State agree that all parts of the UK and all economic sectors stand to gain from a trade deal with the United States? However, some lobbyists are concerned about their specific interests, so what reassurance can my right hon. Friend give that fairness to both the UK and the US, as well as economic opportunities for all parts of the country, will be central to her thinking in the negotiations?
Elizabeth Truss
A free trade deal with the United States is set to benefit every nation and region in the UK, including Wales. We will strike a hard bargain, and seek a deal that is fair for our producers. For example, we want to make sure that we gain access for British lamb and Welsh lamb in the United States market. It is the second biggest importer of lamb in the world, and it represents a massive opportunity for our farming sector and for the nation of Wales.