(9 months, 3 weeks ago)
Commons ChamberThe Government are committed to the economic growth of Northern Ireland, working closely with other UK Departments, the newly formed Executive and NI businesses. Our plan includes boosting trade and investment, building on the success of the Northern Ireland investment summit last year; levelling up Northern Ireland’s economy, including through our city and growth deals worth £617 million; and implementing the key deliverables of the “Safeguarding the Union” Command Paper. Only last night, I attended Retail NI’s supplier showcase, and I am very grateful to have made it back first thing this morning.
I thank the Minister for that very full answer. Given that the rest of the United Kingdom—the internal market—is the biggest market for Northern Ireland, what role does he see for the new InterTrade UK, particularly with respect to trade between Great Britain and Northern Ireland?
My hon. Friend is absolutely right about Northern Ireland’s most important economic relationship being with Great Britain. As set out in the Command Paper, the Government are working to establish InterTrade UK, fulfilling our pledge to grow the economy by ensuring that businesses large and small can maximise the full range of east-west trading opportunities. Implementing the Windsor framework and the Command Paper are, of course, Government priorities, and I am pleased that I am responsible for them. We will update the House in greater detail at an early opportunity.
(1 year, 3 months ago)
Commons ChamberI disagree with the hon. Gentleman’s use of the term “deprived”, but I am happy to tell him that next week we have the Northern Ireland investment summit. We are determined to attract private sector investment into Northern Ireland and to promote inclusion in that growth. Northern Ireland has a fantastically vibrant economy, and I very much hope that the least well-off will have opportunities through our investment in skills to develop themselves and to secure more better paying jobs in Northern Ireland, so that they can move on.
We routinely monitor trends in the Northern Ireland economy. It has the ingredients required for economic success: exceptional talent, creativity and innovation. Although challenges persist, recent indicators suggest resilience and the potential for growth. This Government remain committed to fostering a productive environment for economic development and prosperity in Northern Ireland. I look forward to our investment summit between 12 and 13 September—next week—which is a fantastic opportunity to showcase Northern Ireland’s economic potential to the world.
I thank the Minister for that encouraging response. He will be aware that Northern Ireland’s largest trading partner by a very long way is Great Britain. It is therefore important that there is frictionless trade between Great Britain and Northern Ireland, so will he update the House on what discussions he has had on the future operation of the green channel?
One of our priorities now is the successful implementation of the Windsor framework and that green channel. We will continue to have conversations with colleagues in the Cabinet Office who lead the Windsor framework taskforce. I assure my hon. Friend that we are determined to ensure that that system works as seamlessly for everyone.