Oral Answers to Questions

Andrew Rosindell Excerpts

Thursday 13th September 2018 Commons Chamber

[Dr Fox]

That is a very interesting question. Our services exports to the world’s most open market—the United States—comprise 65% of our exports. For non-EU countries, the figure is about 50%, and for the EU itself, it is only 38%. In the future, I would like to ensure that our services exporters are given the free access to European markets that they can currently take advantage of outside Europe.

[Andrew Rosindell (Romford) (Con)]

As the Secretary of State knows, the UK is the largest investor in Tanzania, a proud Commonwealth nation to which I have just been appointed trade envoy. Will he be good enough to outline what Her Majesty’s Government will do to strengthen that relationship as we leave the European Union?

[George Hollingbery]

I welcome my hon. Friend to his post as the Prime Minister’s trade envoy to Tanzania and wish him luck. As the Prime Minister made clear on the visit on which I joined her at the end of August, partnerships based on mutual interest are key to the UK’s offer. The presence of a proactive Department for International Trade and broader prosperity team, and UK Export Finance’s risk appetite of £750 million for Tanzania, further show that commitment. We are working with the Department for International Development to align trade and investment policies throughout Africa and the developing world.