Oral Answers to Questions Debate
Full Debate: Read Full DebateKevin Brennan
Main Page: Kevin Brennan (Labour - Cardiff West)Department Debates - View all Kevin Brennan's debates with the Department for International Trade
(3 years, 7 months ago)
Commons ChamberThe agreement that we have struck with the EU is great for the UK. It delivers on our promise to the British people and takes back control of our laws, our borders and our money. It proves that we can succeed as an independent trading nation, and builds on the deal that we have struck covering 63 countries around the world.
I was genuinely interested in what the Secretary of State would say, because so far none of the 30-plus free trade deals that she has rolled over with non-EU countries since 2019 is actually set to deliver any increase in exports compared with what was previously forecast. According to her own economic impact assessments, even the Japan trade deal, which she has lauded, will result in only a £2.6 billion increase in UK exports, not the £4.3 billion forecast inside the EU. Can she explain—preferably without reverting to wishful thinking, personal attacks or party political rants—exactly how Britain is going to be better off?
I am interested to hear the hon. Gentleman’s political advice there. I note that he did not vote for a deal with the EU, even though he previously said that no deal was unacceptable. The figures that he is quoting on Japan from the EU are crude figures that are completely out of date and were created from data before the financial crisis in 2008. The fact is that the Japan deal that we have struck goes further and faster in areas such as data and digital, the creative industries, and food and drink—all areas where the UK has a comparative advantage. There are huge opportunities ahead, and I ask the hon. Gentleman to embrace them.