Oral Answers to Questions Debate
Full Debate: Read Full DebateMohammad Yasin
Main Page: Mohammad Yasin (Labour - Bedford)Department Debates - View all Mohammad Yasin's debates with the Department for International Trade
(1 year, 11 months ago)
Commons ChamberI thank the hon. Lady for her festive cheers and Christmas quiz. I am immensely proud, as I know the Secretary of State is, of our teams, right across the Department for International Trade, who are out negotiating. We are negotiating with more partners at the moment than any other country in the world on free trade agreements. Those negotiation rounds have been going on recently, into December, with people working incredibly hard to land the best deals for Britain. I am just looking forward to the day when perhaps the Labour party and the other Opposition parties might start supporting these deals, getting behind British business and British exporters into our excellent free trade future.
Boosting exports is at the forefront of this Government’s agenda. I am pleased to say that UK exports were worth nearly £760 billion in the 12 months to the end of October 2022—that was an increase of £57 billion, once adjusted for inflation. Our Export Support Service has received more than 11,800 inquiries since its launch in October 2021, providing call-backs to customers and referring companies to other Department for International Trade services more effectively, to support them on their exporting journey.
The UK trade performance is the worst on record. Lost output is estimated at £100 billion a year. With such an appalling record, it is hardly surprising that the Government are making false claims to have secured £800 billion in new free trade deals when most post-Brexit trade deals are just roll-overs. Businesses in Bedford, big and small, are overburdened with red tape. Will the Minister explain how businesses in my constituency can improve growth and trade with the biggest trading bloc in the world?
I thank the hon. Gentleman for that question, but I am afraid that what he says is simply not true: the Japan deal was not a roll-over, and neither were those with Australia and New Zealand; the comprehensive and progressive agreement for trans-Pacific partnership discussions we are in right now will not lead to a roll- over; and a deal with India, where my right hon. Friend the Secretary of State has just returned from, will not be a roll-over. The hon. Gentleman talks about the EU, so I am afraid I am going to have to repeat what I said earlier: trade with the EU in the year up to June was up by about 18% and worth £652.6 billion. We are committed to growing our exports around the world and supporting British exporters to get out there and sell fantastic British goods and services into new markets, but we are also committed to continuing to sell into the EU and we continue to do so very effectively indeed.