UK-Japan Comprehensive Economic Partnership Agreement Debate
Full Debate: Read Full DebateImran Ahmad Khan
Main Page: Imran Ahmad Khan (Independent - Wakefield)Department Debates - View all Imran Ahmad Khan's debates with the Department for International Trade
(3 years, 12 months ago)
Commons ChamberIt is a delight to follow my hon. Friend the Member for Ynys Môn (Virginia Crosbie).
May I first congratulate the Secretary of State—she is not in her place—on achieving a truly sterling landmark trade deal with Japan, the first of many outside the European Union? This deal sends a clarion call to the international community that the United Kingdom is once again a proud, sovereign, independent trading nation. This deal demonstrates how effective, pragmatic and nimble the mechanisms of government can be in dealing with constructive, like-minded nations in remarkably short timeframes. The House may compare and contrast.
In an increasingly multipolar and uncertain world, it is crucial that diplomatic links with our allies across the globe are underpinned by strong commercial foundations that produce benefits for all. Pessimists claimed that this deal would not be better than the one we could have achieved as part of the European Union. However, as now proven, that could not be further from the truth.
In the realm of data provision, the excellent team from DIT has secured a more comprehensive footing for UK firms operating in Japan, allowing them to innovate and expand their businesses. In financial services, crucial gains have been made between Japanese and UK regulators, which will make conducting business easier for firms of both our nations. In the exchange of goods, tariffs have been removed to support jobs in the car and rail industries in the UK. Liberalisation of rules of origin regulations makes things far simpler and cheaper for British export producers. I, for one, am looking forward to seeing Scottish beef give Miyazaki’s own a run for its money.
I commend the British negotiating team for being constantly at the disposal of MPs throughout the negotiating period to ensure that input was received and progress monitored. Monthly cross-party sessions were held with Ministers in the Department for International Trade, the UK’s chief trade negotiation adviser, Crawford Falconer, and Graham Zebedee, who headed up the team, to respond comprehensively to questions that I and many parliamentary colleagues raised.
This is the first of many steps in repositioning the UK as a vital international trading power and signals an opportunity for the UK to enter into the comprehensive and progressive agreement for trans-Pacific partnership. Japan is a key ally, with which we have enjoyed a long history of friendship—an ally that has been a beacon of tolerance, pluralism and democracy in the post-war world. I am confident that we have a close friend and ally in the Liberal Democratic party Administration of Yoshihide Suga and am keen for our relationship with Japan to develop further, so that we may tackle key issues, notably climate change, national security and the global economic recovery, following the covid-19 pandemic.