(5 days, 13 hours ago)
Commons ChamberIt is hardly a surprise that a member of the Trump Administration should talk about America first. I can assure the hon. Gentleman that the north star by which we have negotiated is the UK’s national interest. Today’s agreement reflects the quiet but determined diplomacy of a serious Prime Minister to deliver a deal. The hon. Gentleman’s party does not have a great track record on serious Prime Ministers, or on beef quotas. To put today’s announcement in context, the hon. Gentleman’s Government agreed to a UK-Australia FTA with a beef tariff rate quota of 35,000 tonnes per year. That might be a point that he wants to make to farmers in the Borders.
Welsh farmers have been reaping the rewards of high beef prices over the past few years. That has been the one piece of good news in the industry. They now hear that another Government have signed another trade deal allowing even more beef imports into our country. Why have the Government decided to include beef imports in the deal, and to kick our farmers in the teeth again?
I simply do not recognise the aeriated contribution that the hon. Gentleman has made. He has an important and legitimate role in representing farmers in his constituency and more broadly, but I assure him that if he looks at the numbers, including the quota agreed by the previous Government, and the relatively modest shift in the tariff rate quota on beef that has been agreed today, his concerns will be allayed.
(1 week ago)
Commons ChamberGiven the significant progress we have made on goods, it is right to recognise that there are also huge opportunities on services. I pay tribute to the tech sector in the United Kingdom and to the extraordinary work that is being done not just in my hon. Friend’s constituency, but more broadly. The City of London, I am glad to say, has become a significant global tech hub, not least for fintech. Chris Hayward, policy chairman of the City of London Corporation, said today that
“India is a key strategic partner, and this deal reflects our shared ambition to deepen trade ties, boost investment, and build lasting collaboration.”
Whether in technology, fintech or financial services, there are huge opportunities as a result of this deal.
Steel tariffs were reportedly a major sticking point in these trade negotiations with India. That is of particular concern to communities across south Wales, especially following Tata’s decision to shut down its blast furnaces in Wales and across Europe while simultaneously investing in new capacity in India. Can the Minister assure the House that British steelworkers have not been sacrificed in order to secure this deal, and can he confirm what tariff rate Indian steel imports will face when the agreement comes into effect?
It was this Government who recently stepped in to save British Steel in order to save thousands of jobs and avoid a sudden collapse in our primary steelmaking capacity. Thanks to this Government’s swift intervention, we were able to secure the raw materials that kept the blast furnaces at Scunthorpe alight. British Steel has also cancelled the redundancy consultation that would otherwise have put 2,700 jobs at risk. Frankly, UK industry depends on the UK steel industry and thanks to our plan for change, demand is set to increase, as we build the 1.5 million homes, the railways, the schools and the hospitals that we need to usher in a decade of national renewal. That is the context in which we have taken forward today’s announcement.