Oral Answers to Questions

Debate between Liz McInnes and Liam Fox

Thursday 7th February 2019 Commons Chamber

[Dr Fox]

I have made clear our concern about human rights, but the idea of banning such agreements is nonsensical. This country has £1.3 trillion of stock overseas. Our investors are important in providing development in a lot of these countries, yet they are not given sufficient legal protections, which they would normally get under systems such as the UK’s. That is why those provisions are put in—to protect our investors overseas.

[Liz McInnes (Heywood and Middleton) (Lab)]

2. What support his Department provides to British businesses investing overseas.

Oral Answers to Questions

Debate between Liz McInnes and Liam Fox

Thursday 15th November 2018 Commons Chamber

[Liz McInnes (Heywood and Middleton) (Lab)]

11. If he will ensure that a gender-responsive analysis is conducted at each stage in the development of new trade agreements after the UK leaves the EU.

[The Secretary of State for International Trade and President of the Board of Trade (Dr Liam Fox)]

I am committed to ensuring that UK trade policy supports gender equality. I will be publishing scoping assessments on each new free trade agreement and these will consider the effects of concluding trade deals on different groups, including gender groups.

[Liz McInnes]

I thank the Secretary of State for that answer, but what policy measures will he put in place to ensure that the sustainable development goals are met, particularly goal 5 to ensure equality for women and girls?

[Dr Fox]

The hon. Lady raises a very important point. It was one of the points we considered at the World Trade Organisation meeting of Trade Ministers in Buenos Aires. We looked at a study showing that of companies that trade only offline, four out of five are owned or run by men. Of those that run only online, four out of five are run or owned by women. This indicates that e-commerce is one of the prime development tools that we can use. The liberalisation of e-commerce and creating a global network of regulation is therefore one of the best ways we can combine trade and development policy, specifically to help women experience the benefits of the global economy.