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Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, in how many meetings in the last year between manufacturing sector professionals and Ministers or senior officials in his Department the Trans-Atlantic Trade and Investment Partnership has been discussed.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, in how many meetings in the last year between energy sector professionals and Ministers or senior officials in his Department the Trans-Atlantic Trade and Investment Partnership has been discussed.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, in how many meetings in the last year between insurance sector professionals and Ministers or senior officials in his Department the Trans-Atlantic Trade and Investment Partnership has been discussed.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, what his policy is on mutually-recognised standards in financial services as part of negotiations on the Trans-Atlantic Trade and Investment Partnership.

Answered by Matt Hancock

The Government wants to use the Transatlantic Trade and Investment Partnership (TTIP) to encourage financial regulators from the EU and the USA, as hosts of the largest financial centres in the world, to work with each other and agree consistently high standards in the future. Establishing closer and more effective regulatory cooperation between the world’s two largest financial centres is essential. By working together to agree more consistent rules, the EU and the USA can eliminate the opportunities for regulatory arbitrage and encourage other jurisdictions to follow suit. Closer dialogues also mean that emerging risks can be spotted and addressed together.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with trades unions on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with consumer groups on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with health campaigners on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with environmental campaigners on the inclusion of an investor state dispute settlement mechanism in the Trans-Atlantic Trade and Investment Partnership agreement.

Answered by Matt Hancock

Details of meetings held by Ministers and Permanent Secretaries with external organisations are published quarterly and can be found at Gov.uk.

Information requested in respect of other officials’ meetings is not held centrally and could only be obtained at disproportionate costs.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, which existing regulations will not be part of the Trans-Atlantic Trade and Investment Partnership agreement.

Answered by Matt Hancock

One of the main aims of the Transatlantic Trade and Investment Partnership (TTIP) is to reduce unnecessary regulatory differences between the EU and the USA to encourage greater trade, particularly by SMEs who find overcoming regulatory differences to be a significant barrier to exporting. Both the EU and the USA have been clear that this will not come through lowering levels of consumer and other protections, and where this is not possible regulatory differences will not be eliminated. Reducing regulatory differences could be achieved through various methods such as mutual recognition of regulations, mutual recognition of conformity assessments, use of international standards, and alignment of future regulations. Over half of the projected benefits from TTIP are projected to come from this greater regulatory coherence.


Written Question
Transatlantic Trade and Investment Partnership
Thursday 4th September 2014

Asked by: Jim Sheridan (Labour - Paisley and Renfrewshire North)

Question

To ask the Secretary of State for Business, Innovation and Skills, whether negotiators are discussing (a) the harmonisation of standards between the EU and US and (b) mutual recognition of standards between the EU and US in the Trans-Atlantic Trade and Investment Partnership negotiations.

Answered by Matt Hancock

One of the main aims of the Transatlantic Trade and Investment Partnership (TTIP) is to reduce unnecessary regulatory differences between the EU and the USA to encourage greater trade, particularly by SMEs who find overcoming regulatory differences to be a significant barrier to exporting. Both the EU and the USA have been clear that this will not come through lowering levels of consumer and other protections, and where this is not possible regulatory differences will not be eliminated. Reducing regulatory differences could be achieved through various methods such as mutual recognition of regulations, mutual recognition of conformity assessments, use of international standards, and alignment of future regulations. Over half of the projected benefits from TTIP are projected to come from this greater regulatory coherence.