Oral Answers to Questions Debate
Full Debate: Read Full DebateMichael Fabricant
Main Page: Michael Fabricant (Conservative - Lichfield)Department Debates - View all Michael Fabricant's debates with the Department for International Trade
(5 years, 6 months ago)
Commons ChamberHowever we get the assurances, that is what we need to do. In CETA, for example, they are contained in chapters 9 and 28, as well as annexe 2 and the additional national reservation in annexe 2. It is up to this House how we carry out public policy. For example, in the four years from 2006, Labour outsourced 0.5% of the NHS budget to the private sector each year, which of course fell to only half that level under the coalition Government. If Labour wants to increase to its previous levels of outsourcing, it should be able to do so under a policy protection given under the treaties.
The Government support UK services businesses to access foreign markets in a number of ways, including through trade promotion and facilitation. For example, in March 2019, the DIT took a delegation of eight leading UK FinTech companies to exhibit at Money 20/20 in Singapore. The DIT also works with partners overseas to remove access barriers, opening up new opportunities for UK businesses.
My hon. Friend will know that in this rather complex world environment, there is a confusion at times under WTO rules between goods and services. Once we leave the EU, get a clean break and regain our place at the WTO table, will he make it a priority to make clearer definitions of what are goods and what are services?
I thank my hon. Friend for his question. He is right; there are a great many complexities at the WTO. In fact, the world is sliding inexorably towards a future of increased protectionism without changes being agreed at the WTO to address all problems and to cope with new forms of trade that simply did not exist even 10 years ago and that create the confusion he identifies. As a newly independent voice, the UK will be a champion for change, openness and co-operation, because believe me, Mr Speaker, a failure to deal with the problems the WTO faces is not an outcome that anybody should want to contemplate.
I thank the Minister for that answer. Businesses in Redditch such as Mettis Aerospace, Bee Lighting and Thorlux Lighting are at the heart of global manufacturing and are leading-edge businesses. Will the Minister confirm that he is working closely with representatives of west midlands manufacturing industry to ensure that their interests are represented and our local economy can benefit from future trade agreements?