(8 years ago)
Commons ChamberThis Government are committed to an open and liberal trading system. One of the best ways to help poor countries is to have even greater liberalisation than we have today. When we are outside the common external tariff of the European Union, Britain will have the opportunity to act unilaterally, which will give us new opportunities, as my hon. Friend rightly suggests.
The 21st century offers us an opportunity to build on our pride and identity as a nation that promotes human rights, workers’ rights and environmental protection—all part of fair trade principles. How will the Government build on this part of our national identity in trade negotiations?
We are already playing a full part in that. Britain played a major role in the World Trade Organisation’s arrangement that is going to come into effect in just a short time—the trade facilitation agreement. It will be worth about £70 billion to the global economy, and for some of the poorest countries, such as those in sub-Saharan Africa, it will be worth about £10 billion. We made a major contribution to that, and we should be very proud of it.
(8 years, 3 months ago)
Commons Chamber(8 years, 5 months ago)
Commons ChamberMay I first say what a pleasure it is to see the hon. Lady in her place looking so healthy and radiant? It is especially a pleasure for her neighbouring MPs to see her.
My Department already has a strong and capable trade policy team, which has doubled since 23 June. In the next two years, we will be developing that team to build the world-class negotiating strengths needed to deliver the best outcomes for the UK. In terms of negotiators, we have already had strong expressions of interest from individuals, organisations and Governments.
I thank the Secretary of State for that answer, but will he reassure my constituents that the trade negotiators will speak to strategically important sectors such as aerospace, which employs and trains hundreds of people in Bristol, before they begin detailed negotiations, so that we may guard against horse trading between sectors, which could damage our crucial role in aerospace and other such significant sectors?
The hon. Lady is absolutely correct. It is a question not simply of having a single team, but of having the expertise to deal with specific sectors as well as in-country knowledge. We will certainly ensure that we build a core ability among those negotiators and bring in the sector experts who are so important in getting the sort of deals that she correctly outlines. That is especially important in areas such as the west country.