Oral Answers to Questions

Debate between David Drew and Liam Fox

Thursday 14th March 2019 Commons Chamber

[Dr Fox]

I am not sure what the connection was between some of those points. Let me be clear that, through ISDS, investment claims can be made only in respect of established investments; the mechanism cannot be used in relation to an alleged failure to open up public services to a potential investor. It could not be much clearer that what was being put about was a complete myth.

[Dr David Drew (Stroud) (Lab/Co-op)]

What guarantees can the Secretary of State give us that pharmaceutical companies will not relocate to the EU, meaning that in effect more and more of our drugs would be imported? Will he give a guarantee that that will not happen?

United States Tariffs: Steel and Aluminium

Debate between David Drew and Liam Fox

Report stage: House of Commons
Monday 12th March 2018 Commons Chamber

[Dr Fox]

I said in an earlier answer that the people who have the most to lose if we move away from a global concept of free trade are the world’s poorest. If we genuinely want people to be able to trade their way out of poverty, they can only do it in a genuinely free trading environment, and the more non-tariff barriers that advanced countries put up, the less chance they have of doing so. It is in everybody’s interests to pursue a global free trade policy. This country has always shown the way on that, and this Government will continue to show the way.

[Dr David Drew (Stroud) (Lab/Co-op)]

rose—

[Dr Drew]

With regard to what the Secretary of State just said, will he do all he can to intercede with not just the US but the EU to make sure that agricultural products do not become part of a wider trade war? It is essential for the reasons he gave that less developed countries have continued access to all those markets.

[Dr Fox]

We can end on a note of perfect harmonisation, because there is no doubt that the more we can dismantle of the common external tariff that the EU currently has to the benefit of developing countries, the better. At last we have found a note of consensus.

Oral Answers to Questions

Debate between David Drew and Liam Fox

Thursday 22nd February 2018 Commons Chamber

[Dr Fox]

First, I pay tribute to the work that my hon. Friend has done. We have a growing and increasingly improving trade relationship with Brazil, but he is absolutely right that we require business to put exporting at its heart. The positive signs in recent times are that that is happening and we will export more than 30% of our GDP this year for the first time in a considerable while.

[Dr David Drew (Stroud) (Lab/Co-op)]

What parliamentary scrutiny is there of this programme?

[Dr Fox]

There is cross-party ability to look at the programme. We have an International Trade Committee and questions in this House, and I have just reported to the House the value that we think the programme has.