Oral Answers to Questions

Craig Tracey Excerpts

Thursday 28th June 2018 Commons Chamber

[Graham Stuart]

I pay tribute to my hon. Friend for all the work he does in supporting international trade. He is absolutely right. We work closely in partnership with, and my right hon. Friend the Secretary of State meets regularly, representative business organisations because we need to change the culture. Our assessment is that there are more British companies that could export and do not, than there are who can and do. The opportunity is there. The very welcome growth in exports over recent years is to be applauded, but there is so much more we can do by working in partnership not only with representative business organisations, but with banks.

[Craig Tracey (North Warwickshire) (Con)]

What impact will there be on UK firms exporting around the world if the Trade Bill is not implemented before we leave the EU?

[Graham Stuart]

Of course, the Trade Bill is fundamental to the continuity of existing EU trade deals. It puts in place the framework to allow us to move them over from the EU to the UK. Labour failed earlier this week to support jobs, and it has repeatedly voted against the very Bill that would allow us to ensure continuation of trade.