Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Cabinet Office
(11 years, 1 month ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Jones
My hon. Friend is right. Wales is largely a country of small and medium-sized enterprises, and if more SMEs were to export at the European rate, that would wipe out the trade deficit altogether. I strongly encourage Welsh companies to engage closely with UKTI, as it has global reach and is able to maximise opportunities throughout Europe and the rest of the world.
Nick Smith (Blaenau Gwent) (Lab)
What impact does the Secretary of State think that uncertainty over the UK’s role in the European Union—uncertainty created by his Government—will have on exports from Wales?
Mr Jones
I am sure the hon. Gentleman engages closely with his constituents and will know there is general dissatisfaction with the current settlement in Europe. We think our position in Europe should be renegotiated, and it is right to take sufficient time over that negotiation. At the end of that period, by 2017, we will put the issue of whether Britain should be a member of the European Union to the people of this country in an in/out referendum.