Northern Ireland Protocol

Debate between Elizabeth Truss and James Davies
Tuesday 17th May 2022

(1 year, 10 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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As I have said, the Bill is legal in international law and we will set out the position in due course.

James Davies Portrait Dr James Davies (Vale of Clwyd) (Con)
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I thank my right hon. Friend for her statement. Will she comment on the transfer of data within the UK’s trusted trader scheme to the EU and on how could that process be further improved?

Elizabeth Truss Portrait Elizabeth Truss
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We are already sharing large amounts of data that we collect as part of the trusted trader scheme with the EU to give reassurance that trade is not being diverted from the GB-Northern Ireland route into the EU. We want to build on that with enforcement measures so that those violating the trusted trader scheme are not allowed to continue to do so.

Free Trade Agreement Negotiations: Australia

Debate between Elizabeth Truss and James Davies
Thursday 17th June 2021

(2 years, 9 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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I disagree with the hon. Gentleman’s characterisation of ISDS. The fact is that those clauses are in trade agreements, and we already have more than 60 ISDS clauses in various investment agreements to protect British businesses from unfair actions by overseas countries, such as the appropriation of property. Furthermore, the UK has never ever lost an ISDS case, because we are a country that follows the rules and implements our laws and regulations in a fair way. In any case, there is not an ISDS clause in the Australia trade deal.

James Davies Portrait Dr James Davies (Vale of Clwyd) (Con) [V]
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The Snowdonia Cheese Company, which is based in Rhyl but also has footprints in Deeside and Wrexham, is expanding 20% to 30% per annum and is a north Walian success story, combining milk from local farmers with brand Britain to rapidly expand its sales overseas. Australia is a key market for Snowdonia cheese, and, with tariffs lifted, the company stands to do even better. Will my right hon. Friend visit Rhyl to celebrate with the company its enthusiasm for a UK-Australia trade deal?

Elizabeth Truss Portrait Elizabeth Truss
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This deal is great for UK cheese companies. There is currently an 11% tariff on products such as Snowdonia cheese, which will be removed as part of this deal. I would be delighted to visit the company and celebrate its success. This is what we want to see. Currently, only one in five of our food and drink companies exports. There are huge opportunities overseas and we need to see more and follow the lead of the Snowdonia Cheese Company.

Japan Free Trade Agreement

Debate between Elizabeth Truss and James Davies
Monday 14th September 2020

(3 years, 6 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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British beef and lamb were let back into the Japanese market in 2019. In this deal, we have achieved significant tariff reductions on beef and more protection of geographic indicators such as Welsh lamb and, of course, Ynys Môn sea salt from my hon. Friend’s constituency.

James Davies Portrait Dr James Davies (Vale of Clwyd) (Con)
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I congratulate my right hon. Friend on securing this free trade agreement with Japan. Will she outline the benefits that she sees it bringing to the economy of north-east Wales?

Elizabeth Truss Portrait Elizabeth Truss
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There are huge benefits to the economy of north-east Wales, whether in digital and data, agriculture such as Welsh lamb, or areas such as manufacturing, where we have reduced the cost of bringing in car parts and agreed closer regulatory co-operation between Japan and the UK.

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Accession)

Debate between Elizabeth Truss and James Davies
Wednesday 17th June 2020

(3 years, 9 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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I have already said that I will not sign up to something that threatens our right to regulate here in the UK.

James Davies Portrait Dr James Davies (Vale of Clwyd) (Con)
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The CPTPP comprises a dynamic mix of nation states, from like-minded Commonwealth countries to rapidly developing economies. Does my right hon. Friend believe that the UK’s accession will encourage further expansion of the trade bloc to the benefit British exporters?

Elizabeth Truss Portrait Elizabeth Truss
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My hon. Friend is right that it is an agreement of which many people want to be a part. In fact, other countries are looking to accede alongside the UK. One reason that our friends and allies across the world want us to join is that they see the UK as a key asset to CPTPP.