(2 years, 5 months ago)
Commons ChamberThe opportunity for the TRA, as our independent adviser, to look at these issues is one that we have great respect for. As Members across the House will understand, we await its decision and we will look at that in due course.
The seafood processing sector based in my constituency and neighbouring Grimsby is anxious to increase its exports. Will the appropriate Minister meet me and representatives of the industry so we can push forward with a new initiative?
(2 years, 5 months ago)
Commons ChamberAs I mentioned, there is a £1 billion net zero innovation portfolio, managed by the Department for Business, Energy and Industrial Strategy, in which we are seeing the thinking and the projects coming through to help our industries move into clean steel and the clean generation of any number of parts of our economy, so that we can meet our net zero commitments. We have committed to be 78% net zero by 2035—this is one of the highest commitments in the world. That is a huge challenge and every one of our industries needs to be involved, making changes not only to themselves but through their supply chains, so that we can meet that net zero challenge. We are doing that not because we like a big industrial challenge, but because it is incredibly important that we do it, as part of our commitment to the global challenge to bring down our carbon dioxide emissions and because British businesses are designing and coming up with the innovative solutions with which we can help the rest of the world to do it. My Department is proud of, and is championing, all that British innovation is doing with the rest of the world to help it meet those challenges as well.
I welcome the Secretary of State’s decision. Many of my constituents work at the Scunthorpe plant, and I fully endorse the comments of my hon. Friend the Member for Scunthorpe (Holly Mumby-Croft). However, we must acknowledge that the industry still faces many challenges. Will my right hon. Friend the Secretary of State give an assurance that her Department will work with the industry to explore new export markets, as that is vital to its future?
I am happy to give my hon. Friend that assurance. Indeed, in managing to remove the section 232 tariffs, we have opened up, once again, the US markets for some of our specialist steel producers. That is a really exciting and much-needed part of those exports. As we champion all that is the best of British and as we go around the world not only with our free trade agreements, but in looking to unlock market access barriers and allow British businesses to bring their goods and services to new markets, the steel industry is going to be at the heart of so many of those things, for the very reason that has been mentioned: steel is in every part of our lives.
(2 years, 11 months ago)
Commons ChamberEvery free trade agreement is negotiated in relation to the other country and we will continue to work with those as we build these, to look at how we best bring together free trade agreements that will be beneficial to UK businesses and consumers.
Last Friday, along with a number of local businesses, I took part in a meeting of the parliamentary export programme for my constituency businesses. What additional initiatives do Ministers have to encourage small and medium-sized enterprises, in particular, to look at and engage in the export market?
(2 years, 11 months ago)
Commons ChamberLast year’s impact assessment was obviously a snapshot at the time. As the deal has continued to evolve from the agreement in principle back in June 2021, which was 12 pages of broad-brush direction of travel, the team has genuinely worked tirelessly. Working with a country in a different time zone, the team has worked through the night for many months to make sure that we drew this deal together. The continued development of all these areas has enabled us to review the original assessment. I am very happy for my officials to sit down with the hon. Lady to talk her through in more detail how we have reached this point. All these things are a moment in time, and we now have an assessment that I very much hope will be an underestimate as we see new business—we have been working on the basis of the existing businesses. We look to new businesses taking up the opportunities that this trade deal affords, so that we can grow our bilateral trade even further.
I welcome my right hon. Friend’s statement on this very encouraging agreement. She says that more than 15,000 companies already export to Australia and that she wants to encourage small family businesses to do so, too. I urge her to build on the excellent support that the Department gives to such businesses, as we need to encourage more businesses, particularly small businesses, into the export market. What will the Department do to enhance the existing service in that respect?
I thank my hon. Friend, who is an active and effective trade envoy to the Balkans. He raises an important point, and we have a great opportunity to help small businesses, which have fantastic goods and services, to take up the opportunities that these free trade deals will afford them and to find new export markets. The Minister for Exports, my hon. Friend the Member for Finchley and Golders Green (Mike Freer), has taken on that challenge with gusto.
With the export support service and a number of other tools, we are driving forward the opportunities that organisations such as the Federation of Small Businesses and the CBI provide to encourage businesses that have not yet tested the opportunity to export, so that we can share the amazing goods and services they produce with the rest of the world.
(3 years, 2 months ago)
Commons ChamberI will do my best to answer the right hon. Lady’s questions. We are really pleased. The deal is really balanced and brings lots of exciting opportunities for our businesses and our consumers. We will see customs duties on 100% of tariff lines for originating products removed. The UK will eliminate tariffs on 96.7% of tariff lines on the day the FTA comes into force, and New Zealand will eliminate 100% on the day the FTA comes into force.
On beef, the UK will remove duties after 10 years, and the quota volume will increase in equal annual instalments to ensure that the markets can stabilise and grow as required. To the right hon. Lady’s point about the increase in sheepmeat capacity, the interesting thing with New Zealand is that it already has a much larger World Trade Organisation quota that it does not use with the UK because, as we discussed earlier, it has the opportunity to sell many of its meat products into the Asian markets, where it gets high prices. We are therefore not expecting New Zealand to use these quotas in these early years, but we look to the opportunity for us to work for mutual benefit. For butter, full liberalisation will be over a five-year period, and it is similar for cheese.
This is a really exciting deal, and not only for the food and agriculture sector. There is a huge amount of opportunity for our businesses, looking at the digital space in particular and service provision. I reiterate—we will keep saying it until the Opposition are willing to be comfortable with it, if required—that we will never compromise standards for food coming into the UK. I had an interesting conversation with a farmer just last week, who was perhaps more forward-thinking than some Opposition Members. As we have different pests and different soil types, the sorts of products used in other countries may be different, but that does not mean that the quality, standard or welfare is lower. We will always be clear that we will not accept the lowering of standards. We appreciate that different countries have to manage their climatic and environmental situations in different ways, so that will continue to be the case.
I am pleased that the right hon. Lady has seen the written ministerial statement just put out by the Department on the TAC response and the launch of the new Trade and Agriculture Commission, which will be independent. It will have the opportunity to scrutinise all those free trade deals as they come forward, including, in the first instance, the New Zealand and Australia deals, once we have brought them to a full signed conclusion.
I welcome my right hon. Friend’s statement, in particular her reference to encouraging small businesses and the opportunities that the deal provides for them. Will she ensure that her Department focuses on small and medium-sized businesses and encourages them to enter the export market? On a wider point, prior to our misguided decision to join the European Community, we had good trading relationships with New Zealand, Australia and the wider Commonwealth. Will she assure that House that she will do everything possible to extend deals with our Commonwealth friends?
I thank my hon. Friend for his encouragement of the work that we are doing. In order to support and assist small and medium-sized enterprises, we want to champion their great products and services more widely than in the UK. Only a small proportion of businesses that could export, do so, and we are keen to ramp that up and give them support.
The export support service that was launched on 1 October supports businesses that are thinking about or are already exporting to the EU. We look to grow that as the service embeds. We also have the Open Doors campaign, which is an opportunity to help champion some of the fantastic UK goods and services that exist. We will continue to grow that too.
I charge all Members to come and talk to us about businesses in their constituencies and issues that they want us to champion as we go around the world and have the opportunity. In Commonwealth countries, there is much potential for mutual bilateral trade, so Members should help us to make sure that we are opening those doors for them.