Oral Answers to Questions

Greg Hands Excerpts

Wednesday 24th October 2018 Commons Chamber

[Mims Davies]

The hon. Gentleman will know that we have tackled the fiscal challenge that Wales has suffered with for decades. In fact, Wales now benefits from £120 for every £100 spent in England. As I said earlier, we will do what is right for Wales, as we have done in the case of teachers raised by my hon. Friend the Member for Walsall North (Eddie Hughes).

[Greg Hands (Chelsea and Fulham) (Con)]

5. What discussions he has had with the Secretary of State for International Trade on increasing (a) exports from and (b) foreign direct investment into Wales.

[The Secretary of State for Wales (Alun Cairns)]

Since 2010, Welsh exports have increased by 41%, growing faster than the UK average of 36%. There are a whole host of exporting success stories and it was a privilege to support SureChill and Hydro on the Prime Minister’s recent trade mission to Africa.

[Greg Hands]

I thank the Secretary of State for that answer. Will he outline what specific measures he is looking at promoting at the forthcoming UK Board of Trade meeting in Swansea to promote trade and investment in both Wales and the wider UK?

[Alun Cairns]

I thank my right hon. Friend for the work he did at the Department for International Trade and his contribution to the establishment of the UK Board of Trade, which is an excellent innovation. It will be in Swansea in a number of weeks, so we have a great opportunity to highlight and champion to international businesses the best that Wales can offer in terms of exports.