UK-India Trade Deal

Debate between Greg Hands and Anne-Marie Trevelyan

Wednesday 26th October 2022 Commons Chamber

[Greg Hands]

I am delighted to have the opportunity to answer this urgent question and some of the points that the right hon. Gentleman raised. [Interruption.] I will answer all of them. First, on his question about the end of the deal, we have been clear that we have concluded, as we said we would, the majority of the chapters of the deal. Sixteen chapters, across 26 policy areas, have been agreed so far. The right hon. Gentleman will know that, after each round of negotiations, a written ministerial statement, which he can study, has been tabled in this place.

The right hon. Gentleman asked about visas. Perhaps he is trying to have a second go about the Home Secretary, about whom we have just heard an urgent question. I am not sure whether members of the shadow Cabinet are properly co-ordinating their urgent questions, but the right hon. Gentleman should know that we are talking about mode 4 arrangements. They are not immigration visas. They relate to business visas, not permanent settlement. The terms of the mode 4 arrangements remain an area of active negotiation.

Finally, the right hon. Gentleman said that the Government were all talk and no delivery on trade. That amazed me the most. He is obscuring the bigger issue for the Opposition. Let us assume that we get a good deal with India for Britain and that we get a good deal elsewhere, as we have done with Japan, Australia and New Zealand. I have been away from the Department for a year, and in that time Labour has not supported a single trade deal that the Government have undertaken. The Opposition did not support the Japan deal, they were against the Singapore deal and they split three ways on Canada. Only last month, they abstained on the Australia and New Zealand deals.

The Government are delivering on trade and the Opposition are in chaos and confusion. They have been unable to support a single trade deal to date and it sounds as though they will not support this one.

[Anne-Marie Trevelyan (Berwick-upon-Tweed) (Con)]

I commend my right hon. Friend for taking the urgent question. It is a pleasure to have a moment to pop down and add my voice to the important point that the deal was commenced earlier this year—I had the privilege of launching it—and that we and the Indian Prime Minister set ourselves the task of providing clarity about what a deal between our two nations could look like by Diwali. I am pleased that progress has been made.

It is important to understand the value that the deal brings not only because the Indian diaspora are such an important part of our economy—they have been incredibly important in driving what we are trying to achieve—but because so many British businesses are excited at the prospect of some of the trade barriers coming down. I would be pleased to hear from my right hon. Friend what the key areas, particularly innovation, will bring for British businesses as the deal crystalises in the weeks ahead.

[Greg Hands]

I thank my right hon. Friend for her incredible service as Secretary of State for International Trade in the past year. She moved things forward in so many areas—crucially the area we are discussing. When I left the Department, an India trade deal was just a concept rather than something material. Five rounds of negotiations later, she is right that we are in a good place.

We expect the deal to do a lot on tariffs. Many of our exporters face considerable tariffs on services—professional, financial and legal. I cannot promise that we will get everything in the deal. On intellectual property, it will be easier for companies to work through innovation and so on. There is a huge number of areas of potential gain for India, including investment and life sciences. I welcome my right hon. Friend’s support. Perhaps the Opposition will take it as a lesson and support a trade deal in future.