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, 2 months ago)
Commons ChamberLet me begin by welcoming the Secretary of State to her new role. May I associate myself with the remarks that she made about the late David Amess. He was an enthusiastic and lively participant in International Trade questions, as he was with everything that he turned his mind to.
I also look forward to studying the Secretary of State’s response to the Trade and Agriculture Commission report, which I have just learned will be released with a written ministerial statement later today.
On page 54 of the International Trade Department’s June 2020 paper on the strategic approach to free trade with New Zealand, it forecast that an agreement along the lines that I understand the Government announced last night will cause
“a reduction in output and employment…in the UK agriculture sector.”
Does that remain the Secretary of State’s forecast for the impact of last night’s deal?
I will be making an oral statement to the House shortly and I am sure that we all look forward to discussing this issue in more detail. I am very confident that the deal that we struck will provide the opportunity for our wonderful food producers to continue to sell their goods across the world, and, as we make more trade deals, create new markets for them.
I thank the Secretary of State for her answer, but it does rather illustrate why we need a new Trade and Agriculture Commission to provide an independent assessment. After all, last November, the previous Secretary of State told the National Farmers’ Union in Wales:
“We have no intention of ever striking a deal that doesn’t benefit farmers, but we have provided checks and balances in the form of the Trade and Agriculture Commission.”
Can the Secretary of State confirm that the new TAC will be asked to examine the proposed deals with Australia and New Zealand and tell us simply whether these deals benefit our farmers?
The new TAC will be charged with some very clear direction, and given independence for it to be able to scrutinise both the Australian and New Zealand trade deals and all the other trade deals that we are looking to strike in the months and years ahead.
My hon. Friend is right, and he is doing his damnedest to make sure that Rugby is at the front of the queue in that respect. To support his businesses, we are delivering an export promotion campaign that positions exporting as a route to growth, prosperity and job creation. The campaign will encourage businesses to seize the opportunities from trade deals, while directing them to our new export support services.
I also welcome the Minister for Trade Policy, the right hon. Member for Portsmouth North (Penny Mordaunt), to her new role.
I have already mentioned the forecast that the deal with New Zealand will cost jobs in our farming communities. Has the Minister had a chance to read that? I also want to ask her about exports and growth. Is it correct, as her Department says on page 54 of the document, that under the terms of the deal New Zealand’s exports to the UK will increase by five times as much as UK exports to New Zealand, and that, as it says on page 58, New Zealand’s GDP will grow by half a billion pounds while the UK’s GDP will not increase by a single penny? Will the Minister tell us whether those figures are right?
Missing from the right hon. Lady’s question was any timeframe. The Opposition need to appreciate that we are building and increasing these markets. Over time, the numbers will go up, because we have given our businesses and farmers the opportunity to do that, and because we have faith in those businesses and farmers to seize those opportunities that we give them. I hope that the right hon. Lady and her Opposition colleagues will be cheerleaders in that respect.
I am just reading the figures from the Minister’s Department and there is a real problem: this is now the third Asia-Pacific agreement in a row—Japan, Australia and now New Zealand—where more than 80% of the growth in trade projected by her own Department has gone to exporters in those other countries and less than 20% has gone to exporters in the UK. The Government say that they are tilting to Asia. I have to say, I think that Asia is taking us to the cleaners. While the Minister is still relatively new, will she sit down with her new boss and tell the Department that enough is enough—that we need trade deals that deliver for Britain, and we need jobs, exports and growth?
Nine trillion pounds—that is what these deals, and ultimately the comprehensive and progressive agreement for trans-Pacific partnership, will mean to this country. Yes, we have three deals, and we are going to get more. That is what we want to do. We are going to grow these markets. That is the whole point of our leaving the EU and formulating this plan for global Britain. These deals will increase growth and prosperity in this country, which will fund everything that matters to all Members of this House.