Oral Answers to Questions Debate

Full Debate: Read Full Debate
Department: Northern Ireland Office

Oral Answers to Questions

Stephen Pound Excerpts
Wednesday 8th June 2016

(8 years, 5 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Stephen Pound Portrait Stephen Pound (Ealing North) (Lab)
- Hansard - -

Mr Speaker and fellow Europeans, I have no doubt that the Secretary of State will join me and the House in welcoming the latest official trade figures, which show an increase in manufacturing exports. The value of goods exported in the last period was up by £6.6 billion—a 9% increase—from 2015. Interestingly, they also show that the majority of exports—52%—went to the EU, while the largest value increases were to the United States of America and South Korea. Does this not prove the case for remaining? Do we not have the best of both worlds? Do we not have an ideal opportunity to trade with the world’s biggest trading bloc and the major economies of the rest of the world? I am sure she will agree with that.

Theresa Villiers Portrait Mrs Villiers
- Hansard - - - Excerpts

I agree with the Prime Minister’s statement that trade will continue after the referendum, whatever the result. He was clear that we would continue to trade with the EU if the British people choose on 23 June to leave the EU.