Baroness Anderson of Stoke-on-Trent
Main Page: Baroness Anderson of Stoke-on-Trent (Labour - Life peer)UK Steel Industry
Baroness Anderson of Stoke-on-Trent Excerpts
Sajid Javid
What I can tell the right hon. Gentleman is that Tata is fully aware of its obligations, both legal and otherwise, on the pension scheme. I hope it will say more about that when it publishes its information memorandum. I am very much focused on making sure that the challenges of the pension scheme do not become an issue with regard to finding and securing a buyer. That is why we are talking to the trustees, to try to work together to make sure that the members’ interests are looked after and, at the same time, that we have the best chance of securing a sale.
Ruth Smeeth (Stoke-on-Trent North) (Lab)
Given the Secretary of State’s new-found robustness in his attitude towards China, can he assure us that he will no longer block the EU’s attempts to ensure that China is not granted market economy status, which would not only affect the steel industry to the tune of thousands of jobs, but cost up to 2,500 jobs in my own constituency?
Sajid Javid
The decision on market economy status is for the EU collectively to make. I am sure that the hon. Lady will agree that any country, including China, that wants market economy status has to earn it. To do so, China says it is cutting overcapacity, and I think that the EU would want to see evidence of that. Let me further reassure her that even when countries such as Russia do have market economy status, that does not stop the EU taking defensive action, including on dumping.