Oral Answers to Questions Debate
Full Debate: Read Full DebateEmily Thornberry
Main Page: Emily Thornberry (Labour - Islington South and Finsbury)Department Debates - View all Emily Thornberry's debates with the Department for International Trade
(3 years, 9 months ago)
Commons ChamberMy hon. Friend is absolutely right that the aerospace and automotive industry is incredibly important for Burnley. That is why it was important that we saw all the tariff benefits that were previously negotiated retained in the new deal, as well as additional benefits, such as a new data and digital chapter that goes far beyond what the EU has agreed and really helps to support our advanced manufacturing sector.
The Secretary of State has repeatedly claimed that the deal that she signed with Japan goes far beyond the original EU-Japan deal, so I return to the question that I asked her two months ago: will she tell us, in billions of pounds and percentages of growth, what the forecast benefits are for UK exports in GDP from her deal, compared with the forecast benefits of retaining the existing EU-Japan deal?
It is interesting that the right hon. Lady is interested in the difference, because the Labour party did not support the original deal with Japan. If it was down to Labour, we would not even have this deal in the first place. We have been very clear about the additional benefits that we have secured: better provisions on digital and data, better provisions on business mobility, a better position on intellectual property, better protection of British geographical indicators—[Interruption.] The hon. Member for Sefton Central (Bill Esterson) is shouting, “How much is it worth?” from a sedentary position? Why, when we have left the EU, do Labour Members constantly seek to compare us with the existing EU provisions? It is almost like the Labour party never wanted us to leave in the first place.
What is going on? The Secretary of State claims that the UK-Japan deal goes far beyond the EU-Japan deal but will not quantify the difference. Why not? If she will not publish the exact figures at this point, will she at least do one basic thing and simply state on the parliamentary record whether the growth in our exports and GDP is forecast to be higher as a result of the UK-Japan deal than it was under the EU-Japan deal?
I think it is extraordinary that the right hon. Lady is asking me to carry out economic analysis on behalf of the EU. She has not asked me about the Australia-Japan deal and whether that is better or about the deal that China has with Japan or any other deals. Why is she me asking me about the EU? We have left the EU, and it is no longer our responsibility to do economic calculations for it. I have been clear, however, that this deal goes further and faster and brings in additional economic benefits.
Our assessment suggests that a £15 billion increase in trade will result from a US deal and also that we will see tariffs of half a billion pounds taken off fantastic British companies, be they in ceramics or the car industry, which will help to boost that growth. But the EU deal and the US deal are not in contradiction to each other; we should be aiming to do both. The problem is that the Labour party seems willing to agree any deal with the EU and willing to agree no deal with the US. What Conservative Members want is a good deal for Britain.
President-elect Biden has spoken powerfully about the need to end support for the war in Yemen and to stop selling arms that Saudi uses, in his words, for “murdering children”. Will the Secretary of State revisit her policy on arms sales in the light of the new President’s statement or will she choose to remain in lockstep with the blood prince bin Salman instead?
I am proud that we have one of the most rigorous defence export regimes in the world, and those are decisions we make on the basis of our values in this country.