Oral Answers to Questions

Mark Garnier Excerpts
Thursday 3rd November 2016

(7 years, 6 months ago)

Commons Chamber
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Paul Scully Portrait Paul Scully (Sutton and Cheam) (Con)
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1. What plans he has to strengthen the UK’s trade relationship with Israel as a result of the decision to leave the EU.

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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The UK and Israel have a strong and important trading relationship, with nearly £6 billion in bilateral trade last year. The UK is the No. 1 destination for Israeli foreign direct investment in Europe, and there are now more than 300 Israeli companies established in the UK. I recently visited Israel to discuss investment and trade, and we will continue discussions on strengthening our important trade relationship.

Paul Scully Portrait Paul Scully
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I thank my hon. Friend for that answer. UK-Israel trade is at a record high, with strong ties in science and technology, cyber-security and medical science, but the terms are currently determined by the EU-Israel association agreement. Does he agree that our vote to leave the EU presents a great opportunity to strengthen co-operation between our countries, and will he update the House on progress on planning and securing a new post-Brexit deal with Israel?

Mark Garnier Portrait Mark Garnier
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We are taking advantage of all the opportunities presented to us to ensure that Britain becomes a truly global leader in free trade once we leave the EU, and that of course includes Israel, building on our strong relationship in areas such as research and development and cyber-security. For example, we have established the UK-Israel tech hub, which creates partnerships between British companies and world-class Israeli innovators.

Joan Ryan Portrait Joan Ryan (Enfield North) (Lab)
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A survey this year found that 89% of Israeli tech companies and 86% of Israeli investors are interested in business and tech co-operation with the UK. What steps will the Minister be taking to take advantage of that good will and ensure that Britain continues to be a leading destination for Israeli tech companies?

Mark Garnier Portrait Mark Garnier
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The right hon. Lady is quite right to mention our growing relationship. In cyber-security, in particular, we saw a 24% growth in exports last year. I was recently in Tel Aviv and had the opportunity to visit a tech accelerator hub that is sponsored by Barclays. It is very encouraging to see that private sector relationship, which is something we will continue to encourage.

John Howell Portrait John Howell (Henley) (Con)
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11. One area in which the UK can strengthen its relationship with Israel is cyber, where Israel has 20% of the global market. Will the Minister welcome the UK-Israel cyber-physical initiative and say what is coming next?

Mark Garnier Portrait Mark Garnier
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My hon. Friend is quite right to raise the interest in cyber. In February we led a successful cyber-security collaboration mission of businesses and academics, and we will continue to promote further such delegations.

Alan Brown Portrait Alan Brown (Kilmarnock and Loudoun) (SNP)
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As part of these trade discussions, did the Minister raise the thorny issue of illegal settlements in Palestine and the demolitions that are ongoing? Demolitions of some buildings have actually been part-funded by the UK.

Mark Garnier Portrait Mark Garnier
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The hon. Gentleman will know that the Government do frown on the illegal settlements in the Palestine territories. These are not helping with the peace process—they are standing as an obstacle—and the Government continue to promote the two-state solution to ensure that Palestine becomes a viable and sovereign nation.

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Ben Bradshaw Portrait Mr Ben Bradshaw (Exeter) (Lab)
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Some 80% of the fish caught around our coastline in the south-west goes straight for export to the rest of the European Union, and there is huge concern in the industry about the impact of tariffs if we leave the single market. Given that concern, and the excellent news from the High Court, would it not be wise of the Government not to invoke article 50 as early as March?

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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Export tariffs on food products, and on animal products in particular, are determined outside the provision of trade agreements. They are determined in terms of licensing based on the quality of the food products, on a separate basis.

Mark Menzies Portrait Mark Menzies (Fylde) (Con)
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T5. Yesterday I welcomed to Parliament a group of business leaders from Mendoza in Argentina. They want to increase our exports exponentially, which currently stand at 0.1%. Will the Minister assure me that everything will be done when we leave the EU to improve our trade relations with Latin America?

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Andrew Rosindell Portrait Andrew Rosindell (Romford) (Con)
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T6. Will the Secretary of State give us a progress report on new arrangements to be put in place with Gibraltar to ensure not only that there is a common market between the UK and Gibraltar post-Brexit, but that it has uninterrupted access to financial services for its financial market?

Mark Garnier Portrait Mark Garnier
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My hon. Friend is right to raise that. We have strong economic links with Gibraltar and 20% of the UK car insurance market is underwritten within Gibraltar. I stress that we have an interest not just in Gibraltar but in all the overseas territories. I met many of the leaders yesterday. They will very much be involved in the process of the negotiations of our deal with the EU as we progress through article 50.

Lisa Cameron Portrait Dr Lisa Cameron (East Kilbride, Strathaven and Lesmahagow) (SNP)
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Leaving the single market would mean that our agricultural exports would be subject to World Trade Organisation tariffs, which will have a hugely detrimental effect on a vital industry for Scotland. Does the Secretary of State plan to get farmers a special deal to ensure that they are not affected by sudden rises in tariffs to protect that vital industry?

Mark Garnier Portrait Mark Garnier
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The hon. Lady is right to raise that. It is incredibly important that we secure good tariff deals with other countries, and agricultural products suffer some of the highest tariff levies, but it is a two-way operation. On the one hand, exporters from Scotland to other markets may face big tariffs, but on the other hand, if we end up with a very low tariff barrier, we will have to impose it, which could mean that her farmers in Scotland are flooded by imports. It is a difficult and nuanced area to try to get right.

Leaving the EU: North-East Exports

Mark Garnier Excerpts
Tuesday 25th October 2016

(7 years, 6 months ago)

Westminster Hall
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Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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Thank you, Mr Hollobone. May I start by congratulating the hon. Member for Sedgefield (Phil Wilson) on securing the debate? He has worked extraordinarily hard for his constituency. He did not mention in his speech that he was instrumental in securing the investment from Hitachi in his constituency, which we should all recognise.

It is interesting to speak in a debate such as this. I have to say that I agree with many of the points raised about the debate we had several months ago in the lead-up to the referendum. I think that everybody in this room—with the possible exception of you, Mr Hollobone—was on the same side of the debate on how we should vote in the referendum. It was 58% to leave in the north-east. In my constituency of Wyre Forest, it was 63%, so I sadly failed even more than Opposition Members to secure a remain vote.

I think we are all in agreement that the success of the north-east is entirely relevant to the success of the whole of the UK. We need to work extraordinarily hard to ensure that we get through this process over the next few years and that we are a resilient and strong economic nation afterwards. I will endeavour to address the points raised by hon. Members throughout the course of my speech, but I would like to open by saying a little about the Department for International Trade, in which I am now a Minister, and how we are trying to work with the whole of the UK.

This debate focuses on just one region, but we are representing the whole of the UK, which also involves the devolved Assemblies, so we represent Scotland, Northern Ireland and Wales as well. Irrespective of local votes, we are all Brexiteers together. Our aim is for the UK to be a beacon of open trade for the entire world, with the benefits of that trade to be felt from Bournemouth to Belfast and from Aberystwyth to Aberdeen. That means working with our dedicated regional teams, the devolved Administrations, devolution partners, regional chambers of commerce and local enterprise partnerships to ensure that together we build a strong and resilient economy from the bottom up.

It has been mentioned on a couple of occasions that the Secretary of State was an enthusiastic leaver, but it is worth bearing in mind not only that are we all leavers now, but that Ministers in the Department are balanced. The four Ministers—three in the House of Commons and one in the House of Lords—were on both sides of the debate, and all of us bring a lot of experience and views, giving a balanced view. That is important to remember.

Iain Wright Portrait Mr Iain Wright (Hartlepool) (Lab)
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Given the establishment of the Department for International Trade and the importance of our region to trade performance, what additional capacity will the Minister put into the north-east to ensure that we can boost exports further?

Mark Garnier Portrait Mark Garnier
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I hope to be able to answer the hon. Gentleman in the course of my speech, but he can by all means intervene again if I miss his point.

The performance of the north-east is nothing short of exceptional. It is worth bearing in mind that 30 years ago last month, Margaret Thatcher persuaded Nissan that it should come along and assemble the Bluebird kits. That started off as a relatively small investment and has now turned into a phenomenal manufacturing plant. It is one of the premier auto factories not just in the UK but in the world. The region exported approximately £12 billion-worth of goods in the past year, racking up a positive goods trade balance of nearly £3 billion. That is incredibly important for our current account deficit. The region sold more than £1 billion-worth of cars between April and June alone, as well as nearly half a billion pounds of pharmaceutical and medical goods over the same period. Trade with the EU is important for the north-east—no one is questioning that. The single market is a destination for more than 61% of the region’s exports.

We have heard a lot about Nissan in particular. The Secretary of State for Business, Energy and Industrial Strategy has met Nissan and will be meeting Hitachi to try to make sure that the investment that the hon. Member for Sedgefield secured remains in the UK. We are having ongoing dialogue with those large automotive manufacturers. I have met Nissan twice, and my colleagues in BEIS have also met it. We are continuing to make sure we offer it as much assurance about the future as possible.

Anna Turley Portrait Anna Turley (Redcar) (Lab/Co-op)
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The Minister is being generous with his time. One of the crucial points in my hon. Friends’ speeches was the emphasis on small and medium-sized business and their supply chains. What efforts is his Department making to engage with them?

Mark Garnier Portrait Mark Garnier
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We are certainly engaging with them through the local delivery networks of the Department for International Trade, formerly known as UKTI, and through the local chambers of commerce. That is an ongoing process that will continue. The economy of the north-east is so dominated by big manufacturers that if we get that part right, that should encourage a huge number of small manufacturers.

The hon. Lady raises the right point, which is that we cannot simply look at the big manufacturers. We have a very diverse economy and there are around 5 million businesses in the UK, the vast majority of which employ fewer than 10 members of staff, so we do not forget SMEs.

Iain Wright Portrait Mr Iain Wright
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The automotive industry and the train manufacturing sector are crucial to the north-east’s economy, but what other sectors has the Minister identified that really make a difference? I am thinking particularly of the steel, chemical and processing industries, but what other sectors has he identified that should be prioritised?

Mark Garnier Portrait Mark Garnier
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The steel industry is in a special position at the moment, as we have discussed in the House over the past few months, for obvious and tragic reasons with the closing down of plants. All sectors are important to the UK economy. We need a diverse economy manufacturing a wide range of products—not just steel but graphene and carbon fibre. Those specialist material industries are also very important.

It is important that over the past 12 months the north-east has sold £4.5 billion of goods to non-EU countries, so it is a region that takes opportunities from the rest of the world. America is behind the Netherlands as the region’s second biggest export destination, not to mention continued significant sales to China and Turkey. There are fantastic local examples of north-east companies finding success beyond the EU. Small companies such as Annie Barr International are delivering vital training courses in China and Hong Kong. Newcastle-based mobile app developers Hedgehog Lab celebrated an amazing 2015, achieving $500,000 of sales in the USA. Those are examples of small businesses that are doing very well.

Our future trading relationship with the EU has yet to be determined, as hon. Members have said, but I will be as clear as possible. When the formal process of exiting the EU has been completed, the sky will not fall on our head. We will continue to trade with the EU. It is our friend, our ally and our trading partner. That will not change. We want to build the strongest possible trading links with our partners on the mainland, which throughout history have brought prosperity to Europe and raised living standards for all Europeans. Trade has always brought us closer together as a continent, fostering a common identity that will never diminish, regardless of whether the UK is in or out of the EU. We want the EU to succeed. It is really important to our country that our nearest neighbours are a success story.

A UK outside the EU can now reset and enhance its trading ties with the rest of the world, which already recognises that products made on these shores are synonymous with heritage, quality and innovation. DIT Ministers are travelling the world, and the extraordinary demand for British brands in places like the far east and America, and across the whole world, is truly remarkable. Let us take the example of cars. Today, a car manufactured in the UK and sold to India would face tariffs of up to 100%. The tariff for selling the same car to Brazil is less at 35% and for China it is 25%. We can do deals with those markets and find opportunities for cheaper tariffs there. A UK in full control of its trading arrangements can start to address the barriers that exist. There is untapped potential in the global economy that the UK is primed to take advantage of.

One or two points were made about delivering a manifesto for leaving. The hon. Member for Sedgefield said that there had been a promise of £350 million a week. He and I remember that that was checked by the UK statistical authority and there were questions about it ever being delivered. Dare I say, Mr Hollobone—I would not want to upset your sensibilities—there was a lot of hype that might be difficult to deliver on, but the Government must deliver the right outcome.

The shadow Minister talked about tariff and non-tariff barriers. Tariffs are probably relatively easy and straightforward to negotiate, because the outcome is numerical. We must be careful about non-tariff barriers, but we are all working extraordinarily carefully in trying to get to the right answer.

We talk about what sort of model we want. One of our problems in this debate is that people try to force the argument into a pre-determined shape: will it be a Swiss model, a Norwegian model or a Turkish model? The answer is that we will try to achieve a British model, which will achieve the best possible outcome that we can imagine. We will not try to do a deal that looks like someone else’s, because we can do our own deal. That is our starting point.

When it comes to the issue of a running commentary, I take a slightly different view. We are all aware of the argument that no one lays all their cards on the table when playing poker—why would they do that? The important point is that we must be extraordinarily careful. We have heard from many people about the importance of businesses not misunderstanding what is going on. They want clarity, but I think it would be more dangerous were we to give the wrong idea about what is happening than no idea. If businesses start chasing false hares, they could head off in the wrong direction, and that would be dangerous, so we must be very careful.

I want to reassure businesses in the north-east and investors around the world that in our future trade negotiations, we will fight to ensure that the UK’s sector strengths, be they automotive, aerospace, professional or financial services, remain as competitive as possible. We will achieve the best deal for the UK. I and my colleagues will continue to speak to businesses and investors, and the Secretary of State will meet big investors in the UK on more occasions.

A thriving north-east is vital to the long-term economic health of the whole country. It is a timely reminder that Britain still makes things the world wants to buy. The British people’s decision to leave the EU does not mean that we will abandon or neglect our manufacturing prowess. We have opportunities. I was on the wrong side of the argument a few months ago, as was everyone else in the Chamber with the exception of you, Mr Hollobone, but that does not stop me being optimistic about the future for Britain. We are a great nation, and we are very enterprising and innovative. A big, economically disruptive event is happening, but I believe that with the Government’s help, when we can provide it, businesses will take advantage of the opportunities.

Royal Yacht Britannia: International Trade

Mark Garnier Excerpts
Tuesday 11th October 2016

(7 years, 7 months ago)

Westminster Hall
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Westminster Hall is an alternative Chamber for MPs to hold debates, named after the adjoining Westminster Hall.

Each debate is chaired by an MP from the Panel of Chairs, rather than the Speaker or Deputy Speaker. A Government Minister will give the final speech, and no votes may be called on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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It is a great pleasure to follow the shadow Secretary of State for International Trade with his surfeit of maritime metaphors and his admiration for Admiral Sir Thomas Cochrane.

I congratulate my hon. Friend the Member for Rossendale and Darwen (Jake Berry) on securing the debate. The topic is clearly a subject of great passion for many people across the House. I, for one, have always been a great fan of the royal yacht, which has been involved in many totemic events in our history, not least on 1 July 1997, when it slipped its moorings at HMS Tamar, rounded Hong Kong island and set off into the South China sea as the Union flag was lowered for the final time on the crown colony of Hong Kong.

I will pick up on a couple of points raised in the debate. The first is the recommissioning of the royal yacht in support of trade promotion. It is pretty clear that this Chamber is not in favour of that at all, which is right. In 1997 it was calculated that buying an extra five years for the former royal yacht would have cost £17 million and an extra 20 years would have cost £20 million. The former royal yacht is clearly well past its active life.

The second proposal is the potential commissioning of a new royal yacht in support of trade promotion, and I will take this opportunity to provide some context for the role and purpose of the Department for International Trade. The new Department has overall responsibility for promoting British trade across the world under the leadership of my right hon. Friend the Member for North Somerset (Dr Fox). We will bang the drum for Britain across the world and pull out all the stops in boosting our trade, working with our overseas diplomatic missions to promote the UK as a place to do business and to trade with, driving inward investment and, in time, negotiating trade agreements. The Department will be the key player in selling the UK through exports and trade promotion, negotiating trade deals and attracting foreign direct investment into the UK. The Department will use any and all resources and assets at its disposal to secure those agreements and to boost our trade.

The royal yacht Britannia was, and is, an iconic symbol of Great Britain. As the second royal yacht to bear the name Britannia, and the 83rd such royal vessel, she was for more than 40 years an instantly recognisable feature on the seas as a representation of the United Kingdom, our royal family and our diplomatic service, and as a platform to showcase the best of the United Kingdom. Britannia’s primary role, at which she excelled, was to provide a base for the royal family’s national and international engagements, for which she sailed more than 1 million miles, undertaking just under 8,000 engagements—272 of those engagements were within British waters.

Britannia was the first ocean-going royal yacht, and her primary role was to provide a base for the royal family when going overseas. Before the royal yacht was built, the royal family used to—“hijack” is the wrong word—take control of an ocean liner or a royal naval warship and use it as their base, but the yacht’s secondary role was to provide a base from which the UK could engage with other Governments through diplomacy to secure trade and investment opportunities. Thirdly, of course, HMY Britannia had a reserve role as a potential medical facility in the event of conflict, a role for which she was fortunately never required but, as we heard from my hon. Friend the Member for Portsmouth South (Mrs Drummond), she was used for the evacuation of Aden in 1986, when she evacuated 1,000 people of 44 different nationalities.

The royal yacht’s multifunctional role made it unique and special, projecting the United Kingdom’s diplomatic influence and reflecting the United Kingdom’s proud heritage as a seafaring trading nation. We are determined to make a success of our global role in the world, but recommissioning the royal yacht Britannia is not something the Government are considering at all. We will listen to the cases being proposed, but there are clear issues on feasibility and cost. The existing ship is a popular tourist attraction in Edinburgh.

Although there is no doubt that Britannia presents an impressive backdrop to the signing of trade and investment deals, there was and is much more to negotiations, which involve discussion, engagement and hard graft behind the scenes away from the pomp and splendour of the signing table—my hon. Friend the Member for Rossendale and Darwen said that although £3 billion-worth of trade deals were done, there is no conclusive evidence that the deals would not have been signed were it not for the royal yacht. Such hard work is central to the Department for International Trade’s responsibility to successfully negotiate trade agreements when we leave the EU in order to secure the UK’s economic future.

Today’s debate proposes the reintroduction of the royal yacht, which is currently moored in Scotland as a popular visitor attraction. Twenty years ago, the then Government proposed a replacement for Britannia, which was then more than 40 years old and in need of overhaul or replacement. Of course, as we know, the decision was taken to retire her without replacement. More recently, the royal yacht has been moored at the port of Leith and receives hundreds of thousands of visitors every year. The cost of reintroduction, including major overhaul to the engines, has not been explored but, as I mentioned earlier, even in 1997 it would have been very expensive. I also have no doubt that making moves to commandeer Britannia from her current home in Scotland would be strongly resisted—that point has been made vociferously.

As we have heard, there are also proposals to commission a new royal yacht, which many Members and organisations would support. As my hon. Friend the Member for Plymouth, Sutton and Devonport (Oliver Colvile) said, I was once commodore of the House of Commons yacht club—I am not entirely certain that I do not still hold that position—and as such I am a natural ally of all things offshore, but hard facts stand in the way of a new yacht, not least the need for significant levels of funding to commission, build, fit out and maintain the vessel. We have heard that a vessel could be funded from outside sources, but a new yacht would require the latest design and technology, which the United Kingdom is best placed to provide. That would come at a cost, and we have yet to find out exactly how the yacht would be funded.

Media coverage over the past fortnight has included an alleged proposal for a replacement yacht from almost 20 years ago. Although it was not an official proposal, the figure of £60 million to build the new yacht would now likely be double that. There is also the additional cost to the taxpayer of operation and maintenance, which would need to be factored in.

Gerald Howarth Portrait Sir Gerald Howarth
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I welcome the Minister to his role but, for goodness’ sake, let us place this in context. We spend £12 billion a year on overseas aid and, although it may not be possible to itemise exactly how much the royal yacht Britannia delivered in trade deals, the sentiment in this Chamber today is explicit that a new royal yacht at a modest £120 million would deliver for the British people a statement of our intent post-Brexit and would deliver a return on investment to the British economy.

Mark Garnier Portrait Mark Garnier
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I am grateful for my hon. Friend’s intervention, and I know he is passionate about this subject and Sir Thomas Cochrane, but we have not seen a business proposal or a cost-benefit analysis, so this debate is slightly hypothetical. The international development budget is separate from this discussion. We are talking about trade, not international development, which is slightly different. I think we would all be keen to see my hon. Friend make a business proposal, and no one is trying to stop him.

The former royal yacht was crewed by the Royal Navy and, as we have heard, there are three particular factors that need to be taken into account. A new royal yacht would fly the white ensign, would be state owned and would function as a floating royal palace, which means that the royal yacht would have to be manned by the Royal Navy. That would put pressure on the senior service. Even once those financial challenges were potentially overcome through private sponsors and donations, it would not negate the ongoing liability for 10, 20 or 40 years.

I also wonder whether a new yacht would provide the best return on investment. From 1989 to 1996, Britannia undertook 37 visits in support of UK exports and investment, which is not a huge number when we consider that in some years it cost as much as £12 million to run—it was expensive. Of those visits, more than a quarter were around the United Kingdom. We have new routes in emerging markets, and we have stronger ties and partnerships than ever before that have helped to secure our position as an open, outward-facing trading nation. It is also worth bearing in mind that we have 270 posts and missions across the world where we are flying the flag for Britain and going out to promote our country, which is important.

The Department was set up with the purpose of ensuring that we seize every opportunity that leaving the EU presents to forge a new way in the world and to make Britain a global leader in free trade. I am acutely aware that people in this room are firmly behind the proposal, but I make it clear that the Government have no plans, and have had no plans, to commission a new royal yacht. As such, it is very unlikely indeed that we would use taxpayers’ money to fund either a royal commission or an investigation into whether we could commission a new royal yacht.

Oral Answers to Questions

Mark Garnier Excerpts
Thursday 8th September 2016

(7 years, 8 months ago)

Commons Chamber
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Michael Tomlinson Portrait Michael Tomlinson (Mid Dorset and North Poole) (Con)
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3. What recent discussions he has had to promote trade with south-east Asian countries.

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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Our posts across the region are in frequent, regular contact with their host Governments. In my second week in the Department, I visited Burma and Thailand to promote trade and investment. Since the referendum, major Association of Southeast Asian Nations—ASEAN—economies have expressed an interest in discussing future trade relations with the UK. We have been clear that the UK will remain open for business and investment, and we are committed to strengthening our already excellent economic ties with the region.

Michael Tomlinson Portrait Michael Tomlinson
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I am grateful to the Minister for his answer, and I warmly welcome him to his place. As the vice-chairman of the all-party parliamentary group on Singapore, I also welcome the indication that Singapore is open to removing the barriers to trade between our countries. What discussions will he have to promote investment opportunities for UK businesses in Singapore and across south-east Asia?

Mark Garnier Portrait Mark Garnier
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I congratulate my hon. Friend on his important work for the all-party group on Singapore. The opportunities in ASEAN and Singapore are absolutely enormous. In the next 15 years, the members of ASEAN will make up the fourth biggest economy on the planet. We are in constant discussions, we have trade envoys going out to the region and we are very keen to open negotiations to promote trade between our countries.

Kerry McCarthy Portrait Kerry McCarthy (Bristol East) (Lab)
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It is almost exactly three years since the Government launched their action plan for business and human rights. When the Minister goes to countries such as Burma and Thailand, are human rights on the agenda during those trade talks as well as business?

Mark Garnier Portrait Mark Garnier
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The Government are never neglectful of their duty to ensure human rights around the world. There are two clear elements involved. The Foreign and Commonwealth Office is key on human rights and we will support it where we can by raising the issue when we are talking about trade.

Julian Lewis Portrait Dr Julian Lewis (New Forest East) (Con)
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4. What new trade opportunities he has identified as a consequence of the UK voting to leave the EU.

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Wendy Morton Portrait Wendy Morton (Aldridge-Brownhills) (Con)
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6. What recent discussions he has had to promote trade with other Commonwealth countries.

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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This Department has many valued interactions with Commonwealth partners in support of our aim for the UK to be a global leader in free trade. My right hon. Friend the Secretary of State recently visited India and will co-chair a bilateral trade dialogue there in November. He also recently met the Australian Trade Minister. In addition, several ministerial visits are planned to Commonwealth markets, and the UK will co-host the Commonwealth Trade Ministers meeting next year.

Wendy Morton Portrait Wendy Morton
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I welcome the Minister’s response. What priority is being placed on negotiating trade deals with Commonwealth countries?

Mark Garnier Portrait Mark Garnier
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As my hon. Friend will have heard from an earlier question, the Commonwealth is made up of a very diverse set of economies, so there will not be one, single trade negotiation. We are already enjoying excellent trade relationships with our 52 Commonwealth partners and we are committed to strengthening those further. One example of this is that the UK is co-hosting with Malta the inaugural Commonwealth Trade Ministers meeting in London in March 2017, which will be an excellent opportunity to promote greater trade and investment within the Commonwealth.

Ian C. Lucas Portrait Ian C. Lucas (Wrexham) (Lab)
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The Indian company Wockhardt exports from Wrexham pharmaceuticals to the rest of the world, including to the European Union. What comfort can the Minister give that the important regulation that exists in the single market will continue for that company in the post-Brexit world?

Mark Garnier Portrait Mark Garnier
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As my right hon. Friend the Secretary of State said a little earlier, we are reluctant to give a running commentary on how negotiations and where ideas are going to go, but I assure the hon. Gentleman that we are incredibly keen to recognise the important contribution to the British economy that international companies are making when they invest in the UK, such as the company he mentions investing from India.

None Portrait Several hon. Members rose—
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Richard Burden Portrait Richard Burden (Birmingham, Northfield) (Lab)
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Following the questions asked earlier by my right hon. Friend the Member for Warley (Mr Spellar) and my hon. Friend the shadow Secretary of State more recently, has the Secretary of State met representatives of the UK automotive industry? If so, what clarifications have they sought and what have been his responses, and if he has not, when will he do so?

Mark Garnier Portrait The Parliamentary Under-Secretary of State for International Trade (Mark Garnier)
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The UK has a highly successful automotive industry, and Ministers are seeking input from that industry on an ongoing basis in order to make sure that we are very attentive to the needs of that industry. I cannot stress too much the importance we attach to the automotive industry. It is one of our leading and most fabulous industries, as evidenced not least by the fact that nine out of 11 Formula 1 racing teams choose to come and build their cars in this country.

None Portrait Several hon. Members rose—
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Andrew Stephenson Portrait Andrew Stephenson (Pendle) (Con)
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T5. Pendle is home to a number of key aerospace businesses, such as Rolls-Royce. What discussions has my hon. Friend had with the aerospace sector to ensure that we continue to support this vital industry?

Mark Garnier Portrait Mark Garnier
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The Government, with industry, are working with the Aerospace Growth Partnership to boost growth and exports. Together we have committed £3.9 billion to aerospace research up until 2026. I will shortly be visiting Rolls-Royce in Derby, and I look forward to holding a separate round-table meeting with aerospace companies later this month in Toulouse.

Barry Sheerman Portrait Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
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The Secretary of State will know that there is a very healthy all-party manufacturing group. Will he come and speak to us soon, and also look at our Manufacturing Commission and our campaign, Exported by Britain? We would love to talk to him.