Oral Answers to Questions Debate
Full Debate: Read Full DebateMartin Vickers
Main Page: Martin Vickers (Conservative - Brigg and Immingham)Department Debates - View all Martin Vickers's debates with the Foreign, Commonwealth & Development Office
(8 years, 5 months ago)
Commons ChamberSo long as we remain members of the European Union and afterwards, it will remain in the interests of this country that we work very closely with our European friends and allies. This is a problem that will be with us for a generation and it will need concerted international co-operation.
10. What steps the Government are taking to promote trade and diplomatic connections between the UK and other Commonwealth countries.
We have eight Commonwealth trade envoys representing British business interests in 10 Commonwealth states. We have expanded the British Government’s representation in a number of countries, and we are looking forward to the inaugural Commonwealth Trade Ministers meeting in London in March next year, which will be co-hosted by ourselves and the Government of Malta.
With the decision to withdraw from the EU, many British companies will be looking to expand their business with Commonwealth countries. What specific plans do the Government have to support them in that respect?
That is something we are concentrating on. Intra-Commonwealth trade is estimated at over $680 billion, and it is projected to surpass $1 trillion by 2020. The Commonwealth includes 53 member states, a quarter of the world’s land mass and 2.2 billion people, and 60% of the Commonwealth’s population is under the age of 30, so there are some huge and exciting opportunities there.