Oral Answers to Questions
Saqib Bhatti Excerpts(3 years, 2 months ago)
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Penny Mordaunt
I am sorry to hear that very pessimistic question. I do not think our farmers in the UK are going to do that at all. I think they care deeply about animal welfare and I think they care deeply about the environment. I look forward to the press release from the Scottish Government championing the benefits to Scottish businesses that come from the New Zealand trade deal that we talked through with them yesterday. They are considerable and they ought to start talking up their businesses, their farmers and their food and drink sector, rather than doing it down.
Saqib Bhatti (Meriden) (Con)
May I first welcome the new ministerial team and of course the new parliamentary private secretaries, who I am sure will do as good a job as the previous ones? [Laughter.] I welcome the announcement today of an agreement in principle on the free trade deal with New Zealand. Can my right hon. Friend please confirm that the new free trade deals, such as the one that has been agreed today, are good for consumers and also open up export markets for our farmers?
Anne-Marie Trevelyan
I thank my hon. Friend for his efforts when he was a PPS, sitting behind the previous team, and I know that he will continue to champion all that is good and exciting and the future benefit for our businesses as we look forward to future trade deals. The opportunities to slash tariffs, create new markets and build preferential relationships with our friends and allies through new trade deals will continue to be something that we see our businesses champion and come to talk to us about. I challenge all colleagues to share with us, as the team, the areas of interest for their businesses and constituencies, so that we know that we are pushing in all those areas— many of which we have discussed today—that are important to our great UK businesses.
Free Trade Agreement: New Zealand
Saqib Bhatti Excerpts(3 years, 2 months ago)
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Anne-Marie Trevelyan
The cumulative effect of more and more free trade deals is the opportunity for our fantastic businesses that provide goods and services to reach many more markets. The huge growth in population, and wealthier communities across Asia in particular, are markets that we want our businesses to have every opportunity to access, because we believe that our products are some of the best in the world.
Saqib Bhatti (Meriden) (Con)
I congratulate the Department and the Secretary of State on this announcement. I chair the all-party group for small and micro business, so will the Secretary of State set out what the trade deal means for small and microbusinesses, which are the backbone of our country, including in my constituency of Meriden?
Oral Answers to Questions
Saqib Bhatti Excerpts(4 years, 9 months ago)
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Greg Hands
The hon. Member does not do this question justice. Our objective, of course, is to have both a very good free trade deal with the European Union and a new trade deal with the United States of America, which would have the potential to raise the gross value added of the north-eastern region by some £170 million. She should join us, work with us and ensure that the benefits of these deals can be heard by all her constituents across the region.
Saqib Bhatti (Meriden) (Con)
Gagan Mohindra (South West Hertfordshire) (Con)
Saqib Bhatti
To meet the challenges of our time, we must ensure that we create an environment where we encourage tech start-ups to set up, thrive and innovate. What are the Secretary of State and Ministers doing to ensure that tech start-ups in the west midlands are able to fulfil their potential?
Elizabeth Truss
Birmingham has the largest tech sector outside London. It has firms specialising in FinTech, games, health-tech and cyber-security. We will keep the UK at the top of the investment tree. Last year we saw investment in UK tech growing faster than in any other nation in the world. We need to keep at the forefront, and there are huge opportunities for our tech industry.
UK-US Trade Deal
Saqib Bhatti Excerpts(4 years, 9 months ago)
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Saqib Bhatti (Meriden) (Con)
The fact of the matter is that our exports to the US are growing at a faster rate than they are to the EU. The west midlands has consistently had a trade surplus with the USA. Does the Secretary of State agree that a US trade deal would open up new markets for small and medium-sized businesses and herald many new opportunities for business and industry in the west midlands?
Elizabeth Truss
There are huge opportunities in the midlands for further trade with the US. The midlands is already a very strong exporter to the US. I believe that one in five goods from there goes to the US market, but we can do more to remove tariffs and also to get rid of some of the testing procedures and non-tariff barriers that are stopping our car industry exporters so much.