(5 years, 2 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
If there is a deal by 31 October, as the Government wish, it is highly likely that the deal will come with an implementation period. That would give us the opportunity to come to a comprehensive free trade agreement with our European Union friends and neighbours before the end of that implementation period. I give the hon. Gentleman full marks for consistency on this, as he has never seen any opportunities in the idea of Brexit, and he believes—it is a perfectly logical and consistent position—that our current membership of the EU under the current terms is the best thing possible. Many of us believe that there are significant opportunities for the United Kingdom not only to trade with our largest and nearest trading partner, but to have new bilateral trade agreements with countries around the world—that is the opportunity that Brexit provides.
Will my hon. Friend confirm whether an impact assessment will be published at the same time as the new schedule of tariffs to show the effect of these tariffs on both imports and exports, and hence on jobs within the United Kingdom?
The schedule has been drawn up to take account of much of the lobbying and of the assessments that the Government have made, and by our drawing on wide expertise on the position that we would face in a number of scenarios. My hon. Friend will have to wait for the publication, but I assure him that he will not have to wait for very long.
(5 years, 6 months ago)
Commons ChamberThe hon. Gentleman again wants to frustrate the will of his constituents. The automotive industry is in massive global flux, and trying to link every decision to Brexit leads people astray, just as he and so many of his colleagues do as they come up with these false arguments for a second referendum. The people want the thing they decided to be done and they do not want to hear weasel words from the Labour party, trying to say the opposite.
The export strategy sets out how the Government will encourage, inform, connect and finance UK businesses so that they can take advantage of the international demand for British goods and services. In February we launched the new export champion community, a network of the UK’s leading exporters which will encourage their fellow firms to start exporting and will offer practical advice.
I am thinking very much of the workers at Ford this morning, because my first job was as a foreman at Ford in Bridgend. I hope that a way through can be found.
When it comes to informing and connecting, the Department needs people on the ground, but its budget in Africa, where I am one of the trade envoys, is very small. It has excellent people, but not nearly enough of them. What is the Minister doing to persuade the Treasury to invest more in “feet on the ground” for our trade missions in Africa and across the world?
Having gone party political, I will now say that I am very happy to reach out and talk about this matter. Clearly, finance is key for development and the City of London is one of the major players. If we can get the right kind of capital into Africa, for example—where there is a huge amount of labour, with 18 million people a year coming into the labour force—and get that capital connected, we can transform those economies, but we can do so only if these are good loans. The problem at the moment is that too much money has gone in that has not been invested in infrastructure or productivity, but has instead found its way into some rather dubious bank accounts. It is in the interests of Britain, the City, the Government and the whole nation to ensure that the financing we put into development really drives development. I would be delighted to sit down and discuss this with the hon. Gentleman.
Since the Secretary of State’s statement on Ebola just before the recess, has there been any positive progress in tackling this terrible outbreak?
I feel a little bit cheeky standing up to answer this question because the Minister of State, Department for International Development, my hon. Friend the Member for West Worcestershire (Harriett Baldwin), made a trip to the eastern Democratic Republic of the Congo last week to see the response on the ground. Essentially, there are three issues in relation to Ebola. The first is co-ordination issues for the World Health Organisation. The second is vaccination resources. The third is political issues between communities and the Government of the DRC. We have now put a considerable amount of resources in and we are getting the vaccines in on the ground. We have put more British staff on the ground to ensure that we can work with the UN, and in Kinshasa we are really focusing on ensuring that we can overcome the political problems that are driving communities away from the vaccination programme. It is a huge crisis, but Britain is stepping up and so, I am glad to say, is the United States.
(5 years, 7 months ago)
Commons ChamberThe strategic trade advisory group is there to provide a broad societal view of what should be achieved in free trade agreements. We are of course talking in depth with the Welsh Government about their views on what we ought and ought not to be doing on trade policy, the industries we should be championing and how. I do not think that the strategic trade advisory group is the right place for that engagement, but there is of course a Welsh business represented on the group.
It is vital for us to encourage low-income countries to participate fairly in world trade, and for that they need inward investment. Will the Minister kindly advise us on what the UK is doing to promote investment into low-income countries so that they can participate fairly and reasonably in world trade, with world-class goods and services?
I thank my hon. Friend for championing lower-income countries around the world. We have made outward direct investment a priority. We are working with the Department for International Development to help developing countries to attract FDI. The Prime Minister has tasked us with making the UK Africa’s biggest G7 investor by 2022. Through our own investment promotion programme, DFID’s Invest Africa programme, and the Africa investment summit, which I am organising with DFID and the Foreign and Commonwealth Office, we aim to drive mutual prosperity, in Africa and beyond.
(5 years, 10 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
This information is provided by Parallel Parliament and does not comprise part of the offical record
To publish an unknown unknown seems challenging. I regard the Department’s job as putting all the effort it can into rolling these deals over. That is one of the many things we do, but it is a very important part of what we do. It is equally important that we allow British businesses to understand when and if there may be a real and present danger to the preferences that they use. When we judge that we are in a situation where that information needs to be disseminated, we will do so.
The hon. Member for Liverpool, Wavertree (Luciana Berger) was quite right to point out the seriousness of this issue. I am most grateful to the Minister for tackling this with equal seriousness. Can he clarify whether it makes a difference to the roll-overs if we leave with a deal, as I very much hope we do, or without a deal, which I could never support?
The Government policy, as my hon. Friend knows, is to leave with a deal, and I very much agree with that; it is by far and away the most sensible thing to do. I think most of the House will understand that if we have a deal and an implementation period, it takes the time pressure off and allows us to negotiate these deals in a more orderly fashion. Order has been created, and we are making progress, but if we have a deal and an implementation period, which is crucial to that, it will make negotiation of these deals a great deal more straightforward.
(5 years, 11 months ago)
Commons ChamberIt is a great honour to follow my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake), and I agree with absolutely everything he said.
Before Christmas I spoke in the debate on this motion and in the debate on no deal, and I outlined my position in favour of the agreement, so I will concentrate on two aspects relating to today’s subject: exports and the finance of our business more generally.
The Secretary of State outlined clearly the success of British exporting over the past few years, with exports up by 38.1% since 2010, to £630 billion in the year to November 2018. This is happening when we are within the EU; I do not see that the EU has shackled us in our export performance in the past few years. I fully accept that there are areas where we could do still better, but we need to build on what has been achieved under the coalition Government and the most recent Conservative-led Governments, because it has clearly been successful. We need more emphasis on supporting SMEs into exports and on promoting our trade links and our trade network. I declare an interest, as one of the Prime Minister’s trade envoys. We need to see a greater emphasis on the already increased amount of UK export finance, and we need to see that going to the smallest possible businesses. I ask the Chancellor and the Secretary of State to ensure that as we leave the EU we redouble our efforts on exports. Of course our businesses, particularly SMEs, will face challenges as we move into the new situation under the Prime Minister’s deal, but with that support they can do very well.
The second point I wish to make is about the financing of our businesses more generally. We often hear of the great amount of inward investment we have in the UK, and that is to be welcomed, but one reason why we have so much inward investment is that we do not invest in our own businesses. The City of London is not as good as it could be in providing capital to British-based businesses so we do not see the kind of businesses that we see in Germany with the Mittelstand or in Italy with its equivalent—I do not know its name—where family businesses have turnovers of billions of pounds, euros, dollars, because they get the finance from their capital markets. We have pretty much the biggest capital markets in the world, but, with a lot of noble exceptions, they do not support British-owned businesses as much as they could. So as we leave the EU, I want to see this from our capital markets and the British Business Bank. It has been excellent in the work it has done but it could do five times more than it does, perhaps along the lines of the German Kreditanstalt für Wiederaufbau and other development banks. I want to see British institutions support British-owned businesses.
Along with that, we have to be absolutely sure that we invest in innovation and research, which is where the role of our universities is so vital. I declare an interest, as a trustee of one of our universities. It is vital that universities are supported in whatever way possible. If they are going to lose some research funding, that needs to be replaced—and more.
(6 years, 5 months ago)
Commons ChamberIn speaking to the amendments on the transparency and scrutiny of free trade agreements, I ask the House to lift its eyes beyond the detailed scrutiny that will inevitably and necessarily take place in this House and consider whether we should not also be looking to join others not in the European Union but in free trade associations.
Pretty much every single country in the world is part of some kind of free trade association, whether a very close one or a much more loose-knit one—whether it is Mercosur in South America, the Common Market for Eastern and Southern Africa or the North American free trade agreement. I therefore ask the Government to look at the European Free Trade Association, which is not synonymous with the EEA or with Switzerland. If it will have us, as I very much hope it will, EFTA would provide the ideal vehicle for both the withdrawal agreement and the transition arrangement of 21 months, during which time we will be members of the EEA, and for the association agreement thereafter.
The hon. Gentleman is fantastic in making the fundamental point that the rest of the world is in regional trade agreements. He is just about correct. Only five countries are not in regional trade agreements, which is what the UK is heading towards: East Timor, Somalia, South Sudan and, we think, Mauritania—
Does the hon. Member for Stafford (Jeremy Lefroy) think it is incumbent on the UK to think again about being in that company?
(6 years, 7 months ago)
Commons ChamberOne thing that free trade depends on is investment. What steps is my right hon. Friend taking to promote outward direct investment by the UK to help those countries with which we would like to engage in greater free trade?
The Government have recently completed a number of pilot projects on outward direct investment, and ODI can be a major adjunct to our development agenda. I recently visited a Jaguar Land Rover dealership in Johannesburg. It is not only promoting the sale of UK goods abroad, but providing apprenticeships in mechanics and salesmanship for some of the most deprived young people in Johannesburg. Trade and development can go hand in hand.
(6 years, 9 months ago)
Commons ChamberAs trade envoy to Ethiopia, last week I had a meeting at the African Union about the continental free trade area agreement, which is incredibly important for the future of all countries in Africa and for the United Kingdom. Does my right hon. Friend see roles for the trade envoy programme in engaging with these free trade areas, which cover more than one country?
(7 years ago)
Commons ChamberIn my official meeting with the Ethiopian Prime Minister, we discussed the need for long-term political and economic stability, as well as the political space. We did, indeed, raise the consular case mentioned by the right hon. Gentleman in private and with our ambassador. I hope that we will see the results of that interaction soon.
I declare an interest as the Prime Minister’s trade envoy to Ethiopia. Does the Secretary of State agree that the work of Her Majesty’s ambassador in Addis Ababa is really tremendous—she has arranged for visits and has personally visited Andy Tsege—but that the situation needs to come to an end? At the same time, will he acknowledge the work that the Ethiopian Government are doing with the Department for International Development to try to get more than 1 million refugees throughout the country into work in a jobs compact?
It is always the aim of our Government to get other Governments to replicate our values in a clear and practical way. I second my hon. Friend’s vote of thanks to our ambassador for the work that she and her staff are doing. He makes a valid point that we need to take into consideration some of the extreme pressures that some countries are under. Taking 1 million refugees is not an easy task for the most developed country, never mind a country such as Ethiopia that is moving forward in development.
(7 years, 5 months ago)
Commons ChamberI accept what the hon. Lady says, but that is why I specifically used the words “more embracing” of free trade and open markets. Despite the shortcomings, South Korea none the less created a far better standard of living for its people. Seoul is now at the heart of a thriving economy and, consequently, a dynamic democracy where freedom and prosperity are shared among its people. It should come as no surprise that, while 80% of South Koreans have access to the internet, less than 0.1% of North Koreans enjoy the same access. Perhaps most tragically, there is a greater than 10-year discrepancy in the life expectancy of those north and south of the demilitarised zone. That is why we recognise that trade and development form a fundamental and synergistic partnership. Trade flourishes where there are high levels of education, developed financial sectors and, hugely importantly, sound governance and minimal corruption. There is still much to do, but we would be both foolish and irresponsible to abandon the direction of travel. An open and free trading system is part of the global and national prosperity agenda.
As always, my right hon. Friend presents a powerful case for free trade, but does he not agree that, sometimes, there is too narrow a vision of it? We tend to think about free trade in goods, because they are visible, and to talk about the problems and opportunities that exist, but we forget about the free trade in services, which are by far the largest part of what the UK has to offer to the rest of the world.
My hon. Friend makes an excellent—and key—point. Getting the global economy moving requires the major liberalisation of services in the same way as we had the liberalisation of goods as the focus of the Uruguay round. One thing that comes from that is that countries such as the United Kingdom, where about 80% of the economy is service-driven, are less dependent on being part of a geographical bloc for trade. When it comes to trade in services, what matters is that we are dealing and trading with countries that are functionally similar rather than geographically proximate. That is a change in globalisation we would do well to understand in the debate as we leave the European Union.
It is not just about raising living standards in developing and developed countries. There is, I think, an even more compelling case for free trade. The prosperity it can create is the basis of a social stability that underpins political stability. We have seen that around the world. That political stability, in turn, underpins our security. In other words, they are all part of the same continuum, and we cannot disrupt one element without disrupting the whole. That is why Governments of both colours in this country have tended to see development, prosperity and security as a single policy objective. It is a truth that we need to understand in this interdependent, globalised era.