(2 years, 7 months ago)
Commons ChamberThe Baltimore dialogues—the first of our trade dialogues, held just a few weeks ago—was exactly that: a gathering together of voices from across businesses, industry councils and trade union groups from both sides of the Atlantic. It was an incredibly constructive discussion. We were pleased, obviously, that our voices were there, as they always are at all our tables. It was interesting that the US was really pleased to be bringing its trade union voices to the table with industry for the first time. It was a very positive discussion, which embedded clearly how everybody will be at the table as we move forward together.
We are driving unprecedented investment in green industries, with the British energy security strategy announcing further cuts to the red tape that hampers growth in some of these sectors. My noble Friend Lord Grimstone is leading our new Office for Investment, and I am delighted that our friends across the Gulf are as keen as we are to back innovation in this area. For instance, £100 million has flowed in from Qatar to support small modular reactors and net zero technology.
(3 years, 10 months ago)
Commons ChamberFor centuries, Britain has led the world as a global industrial centre, importing and exporting goods, services and skills around the world. We now have an opportunity to strengthen old friendships and forge new ones. It is an opportunity for businesses large and small, those that have never exported and those that already do. Here in Rushcliffe, we are home to the world-famous Stilton cheese at Colston Bassett and Cropwell Bishop dairies. We make award-winning wines; a taste of Eglantine vineyard’s North Star wine will leave you in no doubt as to why. We develop state-of-the-art fitness equipment such as Wattbike and world-leading nutrition apps such as Nutracheck; I should say that they have kindly given me a year’s complimentary subscription, which is perhaps just as well after all that cheese and wine. The east midlands is also the beating heart of manufacturing, with the highest proportion of manufacturing jobs in England based here. We make planes, trains and automobiles and everything in between.
The Government’s plan for a network of free ports is a great way to grow our economy, create jobs and encourage investment. Here in the east midlands, there is a fantastic, unique proposal for a free port that would cover East Midlands airport in North Leicestershire, a new advanced manufacturing cluster focused on green jobs in Ratcliffe-on-Soar in Rushcliffe and the east midlands automotive intermodal park in South Derbyshire—all situated at the heart of the country, with access to 90% of the population within four hours, on the site of the UK’s largest dedicated freight airport, connected by rail to our main deep sea ports and located at the centre of our national motorway network. What better place could there be to launch global Britain from?
East Midlands airport is one of the largest air freight handlers in the UK, with capacity to treble the value of freight handled and create many more jobs on site. A successful bid will act as a catalyst to galvanise redevelopment of the Ratcliffe-on-Soar power station site into a hub for green businesses. What a legacy that would be on the site of one of the last coal-fired power stations left in Britain. It would improve the competitiveness of our region, helping to attract key investment from employers, and it would create jobs and training opportunities for local people. I am excited about the opportunities that lie in store for us as global Britain, and I hope that my right hon. Friends across Government will see the many ways in which a free port in the east midlands will help to deliver these.
(4 years, 6 months ago)
Commons ChamberIt is a very important principle that the UK Government have responsibility for their own regulations. That is not something that we will trade away in a trade deal; that is a matter for UK sovereign Government regulation.
As we emerge from the Covid crisis, it is vital that we keep free trade flowing. That is why the UK has been making that case with G20 Trade Ministers and the WTO. We have another G20 meeting this Thursday, where I want to see further action to cut tariffs on medical products, and for longer-term WTO reform.
Stilton producers, such as the excellent dairies of Cropwell Bishop and Colston Bassett in my constituency, face a 25% tariff when they export to the US market. Can my right hon. Friend tell me what progress has been made, in the first week of negotiations, to reduce those tariffs?
We are determined to get those tariffs reduced and removed on products like Stilton, and the brilliant producers in my hon. Friend’s constituency. The Stilton Cheese Makers’ Association has backed a US deal, saying that a US free trade agreement will help recognise Stilton cheese further in the US, and bring down some of the existing barriers that we are currently facing.