Oral Answers to Questions Debate
Full Debate: Read Full DebateDan Carden
Main Page: Dan Carden (Labour - Liverpool Walton)Department Debates - View all Dan Carden's debates with the Department for Business and Trade
(1 year, 5 months ago)
Commons ChamberThe hon. Gentleman is right that our constituents are at the end of what the regulators are doing, so our reforms should build on their strengths and continue to reinforce the UK as a leading global destination for investment in utilities infrastructure, to the long-term benefit of all our constituents and consumers.
The Government are rightly proud of the record of UK companies when it comes to corporate responsibility. The UK is home to 10 of the world’s top 100 companies, ranked by social responsibility. These standards are reflected in the UK being considered by business leaders to be the world’s third most important country for investment.
The Government have recently taken action on deforestation in supply chains through the Environment Act 2021, and they have made progress on regulating British companies overseas through the Bribery Act 2010 and the Modern Slavery Act 2015, but I want them to go further. The Cerrejón coalmine in La Guajira, Colombia, has been responsible for widespread, persistent, harmful pollution, and for the diverting and polluting of many rivers, causing the displacement of more than 20 indigenous communities. The companies involved have ignored local court rulings. What more can be done to ensure that businesses registered in the UK uphold human rights and do not commit environmental damage? Will the Minister look again at this case?
The hon. Gentleman raises an important case. The UK is a signatory to the OECD’s declaration on international investment and multinational enterprises, a voluntary set of standards intended to promote responsible business conduct worldwide. My Department is the UK’s national contact point on these guidelines, allowing anyone who thinks there are problems to make a complaint, which will then be investigated. I am very happy to work with him on that basis.
For the benefit of my hon. Friend’s constituents, the CPTPP is the comprehensive and progressive agreement for trans-Pacific partnership, the new trade bloc we hope to join imminently. We have reached a great stage in negotiations, but, as he will have heard in answer to questions from across the House, trade negotiations are not easy and we need to make sure we protect UK food standards. There is a lot we are doing, and I think we will have some good news for him in due course.
I thank the hon. Gentleman for his question. I am afraid I did not have any time whatever during that trip to do any shopping. It was all about the UK-Mexico free trade agreement, which will do exactly what he wants. The negotiations are ongoing and continue to reflect the shared ambition for an agreement that is both modern and comprehensive. We talked in particular about services and investment in digital. We are aligned in the green chapters and in areas such as small and medium-sized enterprises, innovation and trade, and on gender equality.