Oral Answers to Questions Debate
Full Debate: Read Full DebateJudith Cummins
Main Page: Judith Cummins (Labour - Bradford South)Department Debates - View all Judith Cummins's debates with the Department for International Trade
(4 years, 9 months ago)
Commons ChamberMy right hon. Friend is absolutely right. It is about tailoring the policy to the particular, ensuring we have something that does not lead to distortion but does lead to additional inward investment. We have gained more foreign direct investment in this country than any other European nation. That is one of the fundamental reasons why we have more people in work as a percentage of the population than the US, Germany or France, and why we have the lowest youth unemployment in our history. I am determined that the free port policy will be well-tailored to the individual circumstances of each area, while ensuring there is no distortion.
As the Minister will know, free ports existed in this country until 2012, when they were abandoned under the coalition Government due to a lack of evidence for their economic benefits. Will the Minister guarantee that if new free ports are introduced, jobs and investment will not simply be displaced from elsewhere in the country, labour rights and standards will not be undermined, and the UK will still be able to meet the level playing field standards that may arise from any future trade deal with the EU?