Oral Answers to Questions Debate
Full Debate: Read Full DebateGraham Stuart
Main Page: Graham Stuart (Conservative - Beverley and Holderness)Department Debates - View all Graham Stuart's debates with the Department for International Trade
(5 years, 2 months ago)
Commons ChamberI am working closely, as are my colleagues across Government, to make sure that the freeport policy will be successful, and will help bring regeneration, jobs, opportunity and prosperity to every part of this United Kingdom.
Given Aberdeen’s new harbour expansion, which is supported in part by UK Government investment, and a growing cluster of subsea businesses near Aberdeen International airport, does my hon. Friend agree that freeport status for Aberdeen could help to turbocharge the engine room of the Scottish economy?
My hon. Friend is correct in his assertion that freeports have the potential to drive growth in towns and cities across the UK, enabling them to make the most of Brexit opportunities. We are working hard to design a model that delivers optimal benefit for the UK and specific locations. Where appropriate, we will work with the devolved Administrations on this matter, but it would be helpful if the SNP showed more enthusiasm for something that could make a big difference.
Does my hon. Friend agree that freeports could hugely benefit and provide great opportunities for the south-west regional economy? What plans will he put in place to ensure that local communities around freeports benefit economically?
I am grateful to my hon. Friend—no one in the House works harder to promote their area than him. Freeports offer an opportunity to unleash enterprise. We want to set forth all the principles and wealth creation that the Labour party stands against, and to allow my hon. Friend’s constituents, and the communities he represents, to prosper and grow through free enterprise, and we will carry on doing that.
The Prime Minister has suggested that there would be about six freeports. What assessment has the Minister made of the impact that that would have on ports that are not chosen to be freeports?
The hon. Lady makes a serious and important point. We are working hard and closely with our Treasury colleagues and others to ensure that we design the policy in the right way so that we minimise displacement and bring in additional activity and prosperity. We do not expect, and we will not design, a system that will damage those ports that do not become freeports.
Sylatech is a precision engineering business in Kirkbymoorside in my constituency, but it is suffering a significant business impact due to control delays on its export licence applications. Will my hon. Friend update the House with a timescale to resolve that problem?
I congratulate my hon. Friend on working so hard to promote businesses in his area. I am delighted that our performance in dealing with licence applications is good, and I pay tribute to those who work in the Export Control Joint Unit. Some 80% of applications are concluded within 20 days, and 96% within 60 days. In some cases, complex issues have to be assessed, but we will do everything that we can to facilitate and accelerate the decision on the case raised by my hon. Friend.
The House recently passed a statutory instrument to extend EU protection against extraterritorial lawsuits under the US Helms-Burton Act. The Secretary of State will know that investors are already speaking with law firms to launch dispute proceedings against the UK under long dormant bilateral treaties. What estimates has she made of the quantum of such suits, and what protections will she introduce to safeguard the public purse and public policy?
To avoid freeports just displacing activity, does the Minister agree that freeport activity should be based on the existing unique and distinctive capabilities of a port, such as Milford Haven, the UK’s leading energy port, which has an unrivalled skills base and infrastructure?
My right hon. Friend is quite right. The design of the policy is vital. Optimising existing strength is an important part of ensuring that the policy is a success.
Returning to the issue of freeports, the Secretary of State visited Immingham in my constituency last year and saw for herself the great opportunities that exist to improve the local economy. Will she continue working with me to ensure that the Humber ports do indeed receive freeport status?
As I represent a constituency in the Humber area, I will continue, without giving any special status, to ensure that we liaise with my hon. Friend, but he is so right. Conservative Members are focused on trying to find policies that open up investment and bring in further jobs, but the Labour party’s manifesto sets out policies that would destroy inward investment and cost tens of thousands of jobs.
Does the Secretary of State accept the Food and Drink Federation’s analysis that, with a complex and confusing no-deal tariff schedule, investment made right across the supply chain in preparing for a no-deal Brexit means that food prices will likely increase?
The National Audit Office said yesterday that if the UK leaves the EU without a deal, cross-border shipments could be reduced by more than 50% and would take 12 months to return to normal. Can we stop this charade? Is it not the case that no responsible Government would do that to our businesses, and that if there is no agreement with the EU by Saturday, the Prime Minister will send the letter requesting an extension, not least because if he fails to do so he will be in contempt of court, given the proceedings in the Court of Session?
As well as birthday congratulations to the hon. Gentleman, I have other good news: we are taking steps to support businesses in all scenarios and to ensure that, with or without a deal, we minimise any negative disruption. But as my right hon. Friend the Secretary of State just said—this is an appeal to Members right across this House—we will have the opportunity to vote for a Saturday sitting, and we will have the opportunity, I hope, to see a deal put through that will mean that we can move forward. I hope that the hon. Gentleman, finally, will support and respect the decision of the British people in 2016.