Oral Answers to Questions Debate
Full Debate: Read Full DebateClive Efford
Main Page: Clive Efford (Labour - Eltham and Chislehurst)Department Debates - View all Clive Efford's debates with the Department for International Trade
(3 years, 4 months ago)
Commons ChamberI commend my hon. Friend for his work as the chairman of the British-Swedish all-party parliamentary group and his mention of the excellent Swedish chamber of commerce for the UK, which was on one of my recent webinars. In my recent call with Swedish Trade Minister Anna Hallberg, we agreed to co-host a bilateral trade and business forum later this year. We have excellent trade co-operation with Sweden in sectors such as technology, financial services, defence and clean energy, so I very much share my hon. Friend’s optimism.
Joining the CPTPP is a massive opportunity for UK businesses, in particular those in areas such as financial services and digital, where the rules are world-leading. It will also cut tariffs for businesses in vital industries such as cars and whisky and help to drive our exports-led, jobs-led recovery from covid.
The very first of the 238 questions put to the Secretary of State in a letter from my right hon. Friend the Member for Islington South and Finsbury (Emily Thornberry) on accession to the CPTPP asked her whether the UK will have the right to negotiate exemptions from those provisions of the agreement to which we do not wish to accede and amendments to those provisions to which we wish to make improvements, or whether it is her intention to join the CPTPP accepting all its current provisions in full. What is the Secretary of State’s answer?
The CPTPP is a very high-standards agreement, and the rules will have huge benefits for the UK. The reality is that UK products such as beef and lamb have been locked out of overseas markets for unfair reasons, so it is in our interests to sign up to a high-standards, good-rules agreement.