Oral Answers to Questions

Debate between Tom Brake and Guto Bebb

Monday 9th July 2018 Commons Chamber

[Tom Brake (Carshalton and Wallington) (LD)]

T4. Much equipment is bought in dollars and the value of the pound has fallen since the EU referendum. How much less equipment have the Government been able to buy in dollars, and how will the shortfall be filled?

[The Parliamentary Under-Secretary of State for Defence (Guto Bebb)]

The right hon. Gentleman should be aware that, like every other Department, the MOD hedges to ensure that we are not affected by currency fluctuations. Indeed, changes since the start of the year have been beneficial. At this point in time, the effect will be minimal.

Oral Answers to Questions

Debate between Tom Brake and Guto Bebb

Wednesday 13th December 2017 Commons Chamber

[Tom Brake (Carshalton and Wallington) (LD)]

2. What assessment he has made of the potential effect on Welsh exports of using World Trade Organisation tariffs when the UK leaves the EU.

[The Parliamentary Under-Secretary of State for Wales (Guto Bebb)]

We remain confident that we will reach a trade agreement that is in the mutual interest of Wales, the UK and the EU, and we remain committed to delivering a trade policy that reflects our status as an outward-facing nation at the forefront of global trade.

[Tom Brake]

I have had the pleasure of spending some time on Mark and Helen Williams’s farm near Welshpool. What reassurances can the Minister give them that their lamb exports to Germany will not be hit by a 40% tariff if we fall back on to WTO rules, and that they will not be affected by large-scale imports from New Zealand, which operates to lower welfare standards than the United Kingdom?

[Guto Bebb]

I can give the same assurances that I have given to Welsh farming unions and farmers across Wales. This Government are working for a comprehensive free trade agreement with the EU, but we also see opportunities to export Welsh lamb to other parts of the world. We have had recent success in exporting Welsh lamb to the middle east, for example. I can assure Welsh farmers that the Government are committed to markets within the EU, and also to expanding opportunities throughout the globe.