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and use libraries to deliver services to their community so they | :00:00. | :00:00. | |
are sustainable and can thrive in future. Questions to the Secretary | :00:00. | :00:07. | |
of State for International trade. Greg Williams. Number one. Thank | :00:08. | :00:18. | |
you. My department is working globally to attract foreign firms to | :00:19. | :00:24. | |
set up or expand their businesses in the UK to contribute to national | :00:25. | :00:29. | |
wealth creation. We are promoting the UK is a prime destination for | :00:30. | :00:32. | |
inward investment from across the global networked with dedicated | :00:33. | :00:35. | |
support for investors in 50 overseas markets with the support of sector | :00:36. | :00:38. | |
specialists we are ensuring the UK has the best opportunities to | :00:39. | :00:41. | |
attract high-quality foreign direct investment. Thank you. Latest GBA | :00:42. | :00:48. | |
fastest-growing area outside of fastest-growing area outside of | :00:49. | :00:54. | |
London and Cardiff is the engine room of the Welsh economy. Can I | :00:55. | :00:57. | |
asked my honourable friend what positive steps is department is | :00:58. | :01:01. | |
taking to insure Welsh businesses and Cardiff businesses get the help | :01:02. | :01:04. | |
they expect? Can I save my honourable friend is the engine room | :01:05. | :01:08. | |
of the Cardiff economy in this constituency of Cardiff North. The | :01:09. | :01:14. | |
Department for International trade works for the entirety of the UK but | :01:15. | :01:17. | |
I would stress my honourable friend has revisited -- already visited | :01:18. | :01:23. | |
Wales and am working with the Welsh office to see what more we can do | :01:24. | :01:25. | |
but we are also supporting the Welsh Government by offering them support | :01:26. | :01:29. | |
in posts overseas and we see the option that Wales present as very | :01:30. | :01:39. | |
exciting. Today we are told it could take up to ten years to reach a | :01:40. | :01:44. | |
trade agreement with the EU after we leave while research suggests a drop | :01:45. | :01:52. | |
in trade of up to 60% we are outside the customs union. For investors are | :01:53. | :01:56. | |
vital to the British economy, so will he give those investors some of | :01:57. | :01:59. | |
the certainty they so desperately need and that we also need? Will he | :02:00. | :02:05. | |
tell them whether he wants Britain to be inside the customs union and | :02:06. | :02:09. | |
whether he wants tariff free access to the single market or not? It has | :02:10. | :02:15. | |
been very clear the Government is not going to give a running | :02:16. | :02:19. | |
commentary on what we are posing. I would also stress that the comments | :02:20. | :02:26. | |
of either or jurors are -- of Ivan Rogers are taking opinions and this | :02:27. | :02:32. | |
doesn't necessarily define how long it will take to treat -- to create a | :02:33. | :02:37. | |
trade deal fulsomely some trade deals that TPP has taken eight years | :02:38. | :02:42. | |
it's worked well and the Jordan and US trade deal took four months. It's | :02:43. | :02:45. | |
difficult to establish how long any trade deal will take. As the UK | :02:46. | :02:51. | |
becomes a world leader in the fourth Industrial Revolution of new | :02:52. | :02:54. | |
technology can instructed the house on what steps is department is taken | :02:55. | :02:58. | |
to secure FTI in this vital new sector? Can I congratulate my | :02:59. | :03:04. | |
honourable friend on launching the all-party Parliamentary group for | :03:05. | :03:08. | |
the fourth Industrial Revolution, this type of innovative approach by | :03:09. | :03:13. | |
businesses moving forward is incredibly important to the success | :03:14. | :03:16. | |
of the economy of this country and we are working very hard to make | :03:17. | :03:20. | |
sure this innovative approach has been transmitted around the world | :03:21. | :03:24. | |
through our posts overseas and that we can secure for in directive | :03:25. | :03:29. | |
investment to support this. What is the minister's best estimate on when | :03:30. | :03:39. | |
an EU trade Biel will be completed? Kaira first -- can I honourable | :03:40. | :03:46. | |
gentleman to Mike previous answer? I've heard a number of constructive | :03:47. | :03:50. | |
disclosure with the director-general -- constructive discussions. We've | :03:51. | :03:56. | |
made clear to the membership the UK's intention to replicate as far | :03:57. | :03:59. | |
as possible are current obligations in order to avoid disrupting our | :04:00. | :04:04. | |
trading relationships or those with our trading partners across the | :04:05. | :04:08. | |
world. The UK will need its own schedules in the WTO regardless of | :04:09. | :04:11. | |
the nature of our future trading relationship with the EU. I thank | :04:12. | :04:18. | |
the sector of state for that answer but given the list of countries are | :04:19. | :04:21. | |
offended by the Foreign Secretary grows longer by the day, can ask the | :04:22. | :04:25. | |
Secretary of State what contingencies are being put in | :04:26. | :04:28. | |
place, should there be some opposition for the renegotiation of | :04:29. | :04:32. | |
eco-schedules? The contingency the honourable gentleman asks for it in | :04:33. | :04:38. | |
place because until new schedules are negotiated and agreed, current | :04:39. | :04:42. | |
schedules will apply and it is worth noting the EU itself, having failed | :04:43. | :04:49. | |
to negotiate EU 28 schedules, is still operating -- operating | :04:50. | :04:55. | |
successfully under EU 15 of 1995. Server TASS have estimated that if | :04:56. | :04:59. | |
we were to go to World Trade Organisation terms with the EU the | :05:00. | :05:01. | |
EU businesses would have to pay ?12 EU businesses would have to pay ?12 | :05:02. | :05:06. | |
billion to access the UK market and UK businesses would have to pay ?5 | :05:07. | :05:10. | |
billion to access the EU market. Does the Secretary of State accept | :05:11. | :05:14. | |
those figures and of the governors don't accept any tell us what the | :05:15. | :05:17. | |
Government's figures are? Whatever the actual figures are, there was | :05:18. | :05:24. | |
one point that is more important: Introduction of any impediments to | :05:25. | :05:28. | |
trade and investment in intra- European trade would be | :05:29. | :05:32. | |
disadvantageous to producers and consumers alike and Government has | :05:33. | :05:36. | |
made it clear that we will try to get my small access to European | :05:37. | :05:39. | |
markets to avoid disruption of trade. ROV 's schedules aren't these | :05:40. | :05:49. | |
schedule and concessions just one of the results of the mammoth | :05:50. | :05:51. | |
bureaucratic task that must be conducted and should we be thanking | :05:52. | :05:56. | |
our ambassador to the EU for the Reality Check here is given about | :05:57. | :06:01. | |
the decade-long period of time it will take text to get ourselves from | :06:02. | :06:04. | |
this particular process, shouldn't we be doing but rushing so headlong | :06:05. | :06:11. | |
into this timetable? Yes, there are a number of bureaucratic challenges | :06:12. | :06:14. | |
that we face but the people we should be thanking the British | :06:15. | :06:17. | |
people for giving us such clear instructions to leave the European | :06:18. | :06:24. | |
Union. The UK has very high standards in the workplace in its | :06:25. | :06:27. | |
products and animal welfare, does the Secretary of State agree that a | :06:28. | :06:32. | |
free-trade deal with zero tariffs with countries that have much Lara | :06:33. | :06:35. | |
Sanders could have a significant commercial disadvantage on many of | :06:36. | :06:40. | |
our companies. -- who have much lower standards. It is beneficial to | :06:41. | :06:44. | |
both parties to return agreement otherwise it would not be reached | :06:45. | :06:47. | |
and regulator and compliance standards will always be an | :06:48. | :06:55. | |
important part of that. With the current slowdown in the growth of | :06:56. | :07:01. | |
local trade to UK must be a world leader in championing free trade | :07:02. | :07:04. | |
worldwide and buying a drum for British business was our measures to | :07:05. | :07:08. | |
support UK business trading globally include a network of advisers in 109 | :07:09. | :07:14. | |
markets, online advice and support through UK Export Finance. Both | :07:15. | :07:18. | |
myself and zero colleagues have continued meeting with businesses in | :07:19. | :07:21. | |
the UK and abroad including 50 ministerial visits to markets | :07:22. | :07:27. | |
overseas. I thank the Secretary of State for that answer and Professor | :07:28. | :07:32. | |
Patrick Linford debt had estimated UK to opposition would cut consumer | :07:33. | :07:36. | |
prices by 8%, does he agree that forging our own free-trade | :07:37. | :07:39. | |
arrangements outside the EU presents enormous opportunities to ease the | :07:40. | :07:41. | |
cost of living on low income families? I am very grateful to my | :07:42. | :07:48. | |
highlight the potential of free highlight the potential of free | :07:49. | :07:51. | |
trade to reduce the cost of living in this country. Free trade ensures | :07:52. | :07:56. | |
more people can access more goods at better value, making their incomes | :07:57. | :08:00. | |
go further. Protectionism tends to hurt the poorest the most. It has | :08:01. | :08:06. | |
been two years since the then Environment Secretary announced with | :08:07. | :08:10. | |
great fanfare fans to sell pigs trotters to China. Admiration | :08:11. | :08:16. | |
question revealed this week were still no closer to signing the | :08:17. | :08:19. | |
piglets trotters Roddick. If it takes as long to reach an agreement | :08:20. | :08:25. | |
to sell pigs's trotters what does it say about the other trade deals we | :08:26. | :08:30. | |
need in the wake of Brexit? I am intense that our agricultural | :08:31. | :08:35. | |
exports continue apace and I will continue to push pig trotters as | :08:36. | :08:44. | |
fast as they can go. A very alluring prospect. To be covered by the | :08:45. | :08:47. | |
honourable gentleman probably not without sweat or emotion. Many | :08:48. | :08:54. | |
countries are using nontariff barriers to block global trade | :08:55. | :08:57. | |
however in countries like Brazil which the sect just it is well aware | :08:58. | :09:01. | |
of we are now seeing real progress in the removal of local content | :09:02. | :09:05. | |
regulations. What more can be done to encourage other companies to | :09:06. | :09:11. | |
follow this example? , first thank my honourable friend for his work as | :09:12. | :09:15. | |
our trade envoy to Brazil. I was extremely impressed in the meetings | :09:16. | :09:18. | |
I had last week in that country that we are now seeing major attempt not | :09:19. | :09:20. | |
only to open up markets but deal only to open up markets but deal | :09:21. | :09:23. | |
with endemic corruption. That corruption is one of the single | :09:24. | :09:26. | |
biggest barriers to trade that exists and as the World Bank has | :09:27. | :09:30. | |
made clear, improved governance is a major improvement in the potential | :09:31. | :09:36. | |
for trade. Thank you Mr Speaker, the sector of state recently reaffirmed | :09:37. | :09:40. | |
the Government's targets to double exports by 2020. In the Autumn | :09:41. | :09:43. | |
Statement is the OBR contradicted this sitting it affects UK trade to | :09:44. | :09:48. | |
reduce as a result of the UK leaving the EU and the single market. Who is | :09:49. | :09:53. | |
right? Does he accept reassessment of experts at the OBR? Yes or no? | :09:54. | :10:00. | |
I'm tempted to ask the honourable lady if she would like Santa to | :10:01. | :10:02. | |
bring a dictionary because expectations and targets are not the | :10:03. | :10:11. | |
same thing. Would my honourable friend seeks to unblock the global | :10:12. | :10:16. | |
trading system by adopting a new open Andy distortions agreement | :10:17. | :10:20. | |
which can deliver a free-trade, self-government fight crony | :10:21. | :10:23. | |
capitalism and almost defend against predatory practice abroad like the | :10:24. | :10:26. | |
one proposed by the special Trade Commission? I don't think I need to | :10:27. | :10:32. | |
explain to my honourable friend that I have set out, as have my fellow | :10:33. | :10:36. | |
ministers, the case for free trade on a number of occasions. We are | :10:37. | :10:39. | |
seeing a slowdown in the rate of global trade growth at the present | :10:40. | :10:44. | |
time which is a threat to the prosperity of people across the | :10:45. | :10:47. | |
globe. We must have more open trade, fewer tariffs and fewer nontariff | :10:48. | :10:51. | |
barriers of we are to succeed in that task. Of the steps the | :10:52. | :11:01. | |
Government is taking to expand UK trade through on sales particular to | :11:02. | :11:05. | |
the Middle East. In July the comedian Arms export control her | :11:06. | :11:08. | |
evidence there was an imbalance tween promotion of arms sales at the | :11:09. | :11:14. | |
expense of the regulation of arms sales. And I quote such that in the | :11:15. | :11:20. | |
UK practice, these things are at odds. Does the Secretary of State | :11:21. | :11:23. | |
recognise that imbalance. If he does, what does he propose to do | :11:24. | :11:29. | |
about it? And if he does not what representations has he made to the | :11:30. | :11:32. | |
White House to chastise them for their remarks this week that "The | :11:33. | :11:38. | |
systemic endemic problems in Saudi Arabia's targeting of civilians in | :11:39. | :11:42. | |
Yemen drove the US decision to halt a future weapons sale which has left | :11:43. | :11:46. | |
the Secretary of State and British policy in this area looking so | :11:47. | :11:48. | |
callous and threadbare." Can I thank the honourable | :11:49. | :11:58. | |
gentleman, I have been grateful for being colour blind for some of my | :11:59. | :12:05. | |
life. This country has one of the strictest arms controls regimes in | :12:06. | :12:11. | |
the world. It boasts both robust and transparent. The decisions are | :12:12. | :12:14. | |
looked at with a very great scrutiny. I simply don't accept the | :12:15. | :12:19. | |
picture he paints of the UK's attitude. I will play the role of | :12:20. | :12:24. | |
the referee and believe that the honourable gentleman's tie is | :12:25. | :12:30. | |
absolutely beautiful. It is tasteful and interesting, not boring like all | :12:31. | :12:33. | |
too many times. LAUGHTER | :12:34. | :12:42. | |
Let's hear it from Richard Graham. Thank you, Mr Speaker. The UK has an | :12:43. | :12:47. | |
excellent tradition of hosting major international sports events, the | :12:48. | :12:50. | |
Olympics, Commonwealth Games and rugby. Other countries hosting such | :12:51. | :12:54. | |
events can benefit from our expertise. In 2018, Indonesia is | :12:55. | :13:00. | |
hosting the Asian games, a great opportunity to highlight the | :13:01. | :13:02. | |
improvements in infrastructure. Should my right honourable friend | :13:03. | :13:09. | |
have the right -- to visit, would he highlight British expertise and the | :13:10. | :13:12. | |
help we can give in Indonesia to help deliver a bang the percent | :13:13. | :13:19. | |
Asian Games? Able to thank my honourable friend work as our trade | :13:20. | :13:23. | |
envoy to Indonesia. His point is not just specific but general. The UK is | :13:24. | :13:28. | |
able to provide great sector skills to many countries which not only | :13:29. | :13:34. | |
help them mature their own economies but provide further ability for them | :13:35. | :13:39. | |
to grow their market which are an excellent export opportunity for the | :13:40. | :13:44. | |
UK. Newcastle Airport plays a vital role in the north-east economy | :13:45. | :13:47. | |
facilitating over ?300 million of exports every year. Yet like other | :13:48. | :13:53. | |
English regional airports, visas unfair competition on tax as air | :13:54. | :13:56. | |
passenger duty is devolved to Scotland. The Government has failed | :13:57. | :14:01. | |
to mitigate this. What discussions will his department have with the | :14:02. | :14:05. | |
Treasury to make sure your ports like Newcastle can continue to play | :14:06. | :14:12. | |
a vital role in international trade? -- airports. Imbalances such as you | :14:13. | :14:16. | |
mention are an inevitable consequence of devolution. Wichita | :14:17. | :14:21. | |
party campaigned for. Like her, I have a regional airport in my | :14:22. | :14:24. | |
constituency and I can assure the ongoing discussions with the | :14:25. | :14:27. | |
Treasury will not just be general but personal. | :14:28. | :14:39. | |
Mr Speaker, the United States is our single largest export market, | :14:40. | :14:46. | |
accounting for ?100 billion worth the UK exports. As the Prime | :14:47. | :14:51. | |
Minister said, the UK and US are and will remain strong and close | :14:52. | :14:55. | |
partners on trade, security and defence. While we are EU members, we | :14:56. | :15:00. | |
cannot negotiate and conclude trade deals that we can discuss our | :15:01. | :15:03. | |
current and future trading relationships. The Secretary of | :15:04. | :15:08. | |
State for trade and I have visited the US taking office and we look | :15:09. | :15:12. | |
forward to working with President elect Donald Trump to ensure the | :15:13. | :15:14. | |
continuing prosperity of our nations. The excellent minister is | :15:15. | :15:23. | |
quite correct, the USA is our biggest single export market that we | :15:24. | :15:28. | |
have no trade deals with. The current president, President Obama, | :15:29. | :15:32. | |
said we would be at the back of the queue, I think he said, when it | :15:33. | :15:37. | |
comes to a trade deal. The discussions the excellent minister | :15:38. | :15:41. | |
has in the United States, does he think that President elect Trump | :15:42. | :15:45. | |
will put us at the back of the line on the front of the line? Mr | :15:46. | :15:49. | |
Speaker, I thank my honourable friend that question, he is rightly | :15:50. | :15:54. | |
stressed the importance of the bilateral trading relationship also | :15:55. | :15:58. | |
the investment relationship, everyday, 1 million Britons go to | :15:59. | :16:02. | |
work here for American companies and in the US, 1 million Americans go to | :16:03. | :16:06. | |
work for British companies. Our exports to the US are not only very | :16:07. | :16:11. | |
strong but have grown by 19% in the most recent year from which data is | :16:12. | :16:15. | |
available. We look forward to developing a stronger and more open | :16:16. | :16:19. | |
trading relationship with the new president and the new Congress. Mr | :16:20. | :16:25. | |
Speaker, one of the main proponents of a future UK US trade dealing and | :16:26. | :16:34. | |
Congress... When the President elect was elected on a mandate, and I'm | :16:35. | :16:40. | |
mandate, why does he think the new president will put UK US trade deals | :16:41. | :16:43. | |
in a post-Brexit environment at the front of his agenda? I thank him for | :16:44. | :16:52. | |
that question. I met the Senator from the Senate who is one of the | :16:53. | :16:56. | |
co-authors of the Congress resolution, a calling for a future | :16:57. | :17:00. | |
US UK FTA and we strongly welcome the support right the way across | :17:01. | :17:04. | |
Congress in terms of our future relationship with the US on trade. | :17:05. | :17:09. | |
In terms of the President elect, I would suggest we wait and see his | :17:10. | :17:15. | |
actions. He did say in the course of the campaign, he said trade has big | :17:16. | :17:19. | |
benefits and I am in favour, totally in favour of trade. Isolation is not | :17:20. | :17:24. | |
an option, only great and well crafted trade deals we look forward | :17:25. | :17:29. | |
to working with him in the future. What consideration has the | :17:30. | :17:32. | |
department is given to President elect's views on the transpacific | :17:33. | :17:39. | |
partnership? In a very general sense, the UK remains supportive of | :17:40. | :17:44. | |
trade deals right the way across the globe that reduce or remove trade | :17:45. | :17:49. | |
barriers, tariff barriers or nontariff barriers to help | :17:50. | :17:51. | |
facilitate the flow of international trade. The TPP has just been | :17:52. | :17:58. | |
mentioned and Q-Tip have been fraught with difficulties and | :17:59. | :18:01. | |
concerns from the public, businesses and sectors. What will the Minister | :18:02. | :18:06. | |
do when negotiating a trade deal with the US to make sure that these | :18:07. | :18:13. | |
issues don't derail? The first thing I would say is that Peter is still | :18:14. | :18:19. | |
on the table. We've always been clear that the rights of governments | :18:20. | :18:23. | |
to regulate and the public interest will still be there in all of these | :18:24. | :18:29. | |
different trade deals. It has been debated in the comments on at least | :18:30. | :18:33. | |
five occasions. The views of parliamentarians have been made | :18:34. | :18:36. | |
clear. We will make sure they will be no reduction in regulatory | :18:37. | :18:39. | |
standards if it were to come to pass. With your progression, Mr | :18:40. | :18:47. | |
Speaker, I will ask question six and question it together. The department | :18:48. | :18:51. | |
is working across the UK as well as in current and future export markets | :18:52. | :18:55. | |
overseas to help British businesses. We are helping them to export their | :18:56. | :18:59. | |
goods and businesses by end of my tying new export sales. We are doing | :19:00. | :19:06. | |
this through the international trade advisers across the UK and through | :19:07. | :19:12. | |
our overseas staff in 109 countries. Businesses in my constituency don't | :19:13. | :19:16. | |
always have the resources to explore export markets but are keen to | :19:17. | :19:22. | |
maximise opportunities. What is the Department for International trade | :19:23. | :19:24. | |
going to do to help these businesses so we can find more opportunities | :19:25. | :19:30. | |
abroad? Can I refer my honourable friend who is a champion of | :19:31. | :19:33. | |
businesses in her constituency to the great gulf .co .uk website. It's | :19:34. | :19:39. | |
all been going for one month but we've already seen 100,000 users and | :19:40. | :19:44. | |
visitors, more than 6000 users have made use of online overseas service | :19:45. | :19:48. | |
and a thousand businesses have greeted a profile on our servers. | :19:49. | :19:53. | |
This was highlighted amongst all honourable members when we sent out | :19:54. | :19:57. | |
from this department our MPs to locate in order that all MPs in this | :19:58. | :20:01. | |
place can help their constituents to find new markets and raise their | :20:02. | :20:09. | |
ayes to horizon. With only 5% of businesses trading directly with the | :20:10. | :20:13. | |
EU, surely leaving the internal market will allow us to relieve the | :20:14. | :20:18. | |
other 95% from the shackles of overregulation? While my honourable | :20:19. | :20:23. | |
friend see a bit about the balance his party is going to strike with a | :20:24. | :20:28. | |
model word investment? Can I thank him for his very wise question. It | :20:29. | :20:33. | |
is a new approach by this department. This is incredibly | :20:34. | :20:43. | |
important because it provides opportunities for many businesses to | :20:44. | :20:46. | |
be able to create new opportunities and new markets overseas. It is | :20:47. | :20:50. | |
worth bearing in mind that British businesses invest overseas antique | :20:51. | :20:55. | |
skills and expertise work with them. That can only help the developing | :20:56. | :20:58. | |
economies to grow and create more opportunities for British businesses | :20:59. | :21:05. | |
in further develop markets. Mr Speaker, the Secretary of State said | :21:06. | :21:08. | |
yesterday he is considering for options for the customs union. | :21:09. | :21:12. | |
Completely inside, completely outside, the Turkish model, or the | :21:13. | :21:19. | |
Swiss model, outside but with customs arrangements, are there and | :21:20. | :21:23. | |
not staff in the international trade Department and Brexit department to | :21:24. | :21:27. | |
assess the concerns of UK businesses that leaving the customs union will | :21:28. | :21:32. | |
devastate their supply chains by exposing new paperwork tariffs? The | :21:33. | :21:40. | |
Department for International trade is recruiting some of the finest no | :21:41. | :21:44. | |
one in this country in order to help us to develop this but I would | :21:45. | :21:47. | |
stress to the honourable lady that this whole exercise is not just | :21:48. | :21:53. | |
defined by one department. Every department within the Government is | :21:54. | :21:58. | |
working in order to help maximise the assistance we can give to both | :21:59. | :22:00. | |
the British businesses and the entire economy. Expanding the UK | :22:01. | :22:08. | |
global trade, with that in mind, with the Minister agree with me that | :22:09. | :22:11. | |
expanding key through adding more flights from Northern Ireland will | :22:12. | :22:14. | |
allow more of our exporters in Northern Ireland to reach for | :22:15. | :22:20. | |
clients particularly those outside the EU? I would agree with the | :22:21. | :22:23. | |
honourable member that great economical activities three airports | :22:24. | :22:25. | |
is important that all of this country. However, I would stress the | :22:26. | :22:30. | |
details of such arrangements would be for the Department for Transport. | :22:31. | :22:36. | |
Perhaps I could refer him to them. And very conscious the honourable | :22:37. | :22:38. | |
member for Bishop Auckland had her question transferred to another | :22:39. | :22:42. | |
department and I'm sensitive to her plight. If the honourable lady | :22:43. | :22:46. | |
wishes to give the Has the benefit of her thoughts. Topical questions. | :22:47. | :22:57. | |
The Department for International trade has three tasks. Promoting UK | :22:58. | :23:02. | |
exports to serve a growing economy, maximising opportunities for wealth | :23:03. | :23:05. | |
creation through overseas direct investment to support the current | :23:06. | :23:09. | |
account and negotiating the best international trading framework for | :23:10. | :23:12. | |
the UK outside the EU. Like the UK, my department is open for business. | :23:13. | :23:20. | |
Will he shed some light on the difference between our trade deficit | :23:21. | :23:24. | |
with the EU and our trade deficit with the USA? I'm pleased to say we | :23:25. | :23:29. | |
don't have a trade deficit with the USA, we have a trade surplus with | :23:30. | :23:34. | |
the USA. We send ?100 billion worth of exports to the US each year, 20% | :23:35. | :23:40. | |
of our total of the 40 billion surplus, not only that but the US is | :23:41. | :23:45. | |
responsible for 26% of all our inward investment and we are | :23:46. | :23:49. | |
responsible for 23% of our investment to the US. It is a very | :23:50. | :23:56. | |
interdependent relationship. By insulting my wife's taste in ties, | :23:57. | :24:01. | |
the Secretary of State has to wait for her reprimand but she must wait | :24:02. | :24:05. | |
in line because there are others who wish to reprimand him. The European | :24:06. | :24:10. | |
scrutiny committee told of the Secretary of State for going to | :24:11. | :24:12. | |
Brussels and agreeing the comprehensive economic trade | :24:13. | :24:16. | |
agreement between the EU and Canada without first bringing it to the UK | :24:17. | :24:20. | |
Parliament for scrutiny. He undertook to the scrutiny committee | :24:21. | :24:25. | |
that he would bring forward the debate in this House by the end of | :24:26. | :24:29. | |
November, a deadline which he messed. The European scrutiny | :24:30. | :24:33. | |
committee is set a more generous deadline, but Mr Speaker, that | :24:34. | :24:37. | |
deadline expired two days ago on the 13th of this month. Can he tell us, | :24:38. | :24:42. | |
does he actually believes in taking back sovereignty from Brussels or | :24:43. | :24:47. | |
doesn't he? Because if he does, repeatedly denying the UK Parliament | :24:48. | :24:53. | |
the right to properly scrutinise such an important trade agreement is | :24:54. | :24:56. | |
a very odd way of going about it. Will he now commit to bring a debate | :24:57. | :25:01. | |
and a vote to the floor of this House before the European Parliament | :25:02. | :25:05. | |
finally votes on the 2nd of February? Can I say, in due course, | :25:06. | :25:18. | |
his Ph.D. Thesis will be published. Thank you, Mr Speaker. I'm grateful | :25:19. | :25:25. | |
forgiving way before Christmas. We did not go against procedure due to | :25:26. | :25:29. | |
Parliamentary timetable constraints, we could not offer a debate in the | :25:30. | :25:33. | |
house before signalling political agreement on the 18th of October. We | :25:34. | :25:36. | |
are committed and continued to commit to holding a full | :25:37. | :25:39. | |
parliamentary debate as soon as possible and we are working with | :25:40. | :25:43. | |
business managers to arrange this. The European Parliament has no | :25:44. | :25:45. | |
change the date of the expected vote on the agreement to the 2nd of | :25:46. | :25:52. | |
February 2017 and we hope to have a debate well with that timetable. | :25:53. | :25:57. | |
Over the last five years, South Korea has been our second | :25:58. | :26:00. | |
fastest-growing trading partner. Does my right honourable friend | :26:01. | :26:03. | |
agree we should seek to boost trade with South Korea further still until | :26:04. | :26:07. | |
we leave the EU and after we leave the EU enter a prompt bilateral | :26:08. | :26:11. | |
trade deal with South Korea that their Government would welcome? Mr | :26:12. | :26:16. | |
Speaker, I know my honourable friend Dixie huge interest in Korea and his | :26:17. | :26:20. | |
Korean community in Kingston. He knows that I visited in September | :26:21. | :26:27. | |
and saw for myself what natural allies we will be in the global | :26:28. | :26:31. | |
future of free trade. I had excellent meetings with other | :26:32. | :26:35. | |
interlocutors, we look forward to working very closely with South | :26:36. | :26:39. | |
Korea in the future in developing free trading relationships and I | :26:40. | :26:42. | |
will make sure my honourable friend is very involved. | :26:43. | :26:47. | |
if the recently, the member for North East Somerset said in relation | :26:48. | :26:52. | |
to emission standards, what's good enough I, is good enough for us. Can | :26:53. | :26:56. | |
we have the assurance that no emission standards will be watered | :26:57. | :27:02. | |
down as part of any free trade deal? The government takes very seriously | :27:03. | :27:06. | |
its environmental obligations and will continue to do so. On Monday, I | :27:07. | :27:11. | |
was delighted to hear the Prime Minister announced that she wanted | :27:12. | :27:14. | |
to take the trade relationship with Israel to the next level. Our key | :27:15. | :27:18. | |
ally in the middle east and strong trading partner. Can he set out what | :27:19. | :27:24. | |
steps he is taking to make sure we put in place a new trade deal with | :27:25. | :27:30. | |
Israel, so we can submit this commitment by the Prime Minister. He | :27:31. | :27:35. | |
is right. We have an extraordinarily good relationship with Israel and we | :27:36. | :27:38. | |
are the second biggest export market for Israel. Currently, we are | :27:39. | :27:44. | |
governed by the association agreement that the EU has with | :27:45. | :27:47. | |
Israel and we are keen to engage with Israel, to make sure there is | :27:48. | :27:53. | |
no disruption to the trade we have any post Brexit world. I am sure the | :27:54. | :28:05. | |
Secretary of State is delighted to be back in the Cabinet, but will he | :28:06. | :28:10. | |
agreed that the 1 million jobs which will be put at risk if we believe | :28:11. | :28:15. | |
the customs union matter more than his own career? I repeat that the | :28:16. | :28:23. | |
government has made no decision yet in relation to the actual | :28:24. | :28:27. | |
discussions we will have and negotiations with the EU. We have | :28:28. | :28:33. | |
that no decision yet on the customs union and Apple be part of the | :28:34. | :28:37. | |
ongoing discussions government will make based on evidence. Can he tell | :28:38. | :28:43. | |
the house what action he is taking to promote our world-class science | :28:44. | :28:47. | |
based around the globe, and will he confirm that he recognises that | :28:48. | :28:49. | |
face-to-face collaboration is an important part of that continued | :28:50. | :28:54. | |
success, and that we need to attract the best and brightest to do their | :28:55. | :28:59. | |
research? I commend him on his work as chairman of the science and | :29:00. | :29:03. | |
technology committee. As you will know, I was in his constituency on | :29:04. | :29:06. | |
Friday, having a at some technological innovation, with their | :29:07. | :29:17. | |
fantastic port facilities at the London Gateway. It's a | :29:18. | :29:20. | |
long-established system that attract the brightest minds at all stages of | :29:21. | :29:24. | |
their career. We will make sure Britain is the global nation for | :29:25. | :29:31. | |
scientists, innovators as well as tech investors. What steps is he | :29:32. | :29:36. | |
taking to it includes human rights expertise on UK trade delegations? I | :29:37. | :29:46. | |
am not sure that I can answer, in terms of protecting human rights, | :29:47. | :29:50. | |
the party to all of the EU the party to all of the EU | :29:51. | :29:54. | |
agreements and human rights elements that are attached to that. In terms | :29:55. | :30:00. | |
of the future, the UK has as strong a history as any in the EU of | :30:01. | :30:05. | |
protecting human rights around the world, and this includes in relation | :30:06. | :30:10. | |
to trade. In prioritising a post Brexit free-trade deal with Israel, | :30:11. | :30:15. | |
will he ensure that as far as possible, the Palestinian Authority | :30:16. | :30:19. | |
is also included, because it enhances trades, and enhanced trade | :30:20. | :30:27. | |
between these places will be a key part of the future. We support | :30:28. | :30:38. | |
negotiation towards a secure Israel and it is absolutely the case we | :30:39. | :30:45. | |
should continue to negotiate. I visited Israel recently and also | :30:46. | :30:54. | |
visited ministers and Palestine. The involvement of Scottish companies in | :30:55. | :31:00. | |
the Prime Minister's visit to India was limited. What reassurance can he | :31:01. | :31:10. | |
give on this? We have repeatedly said that this is a department that | :31:11. | :31:14. | |
is open to all businesses in the UK when it comes to seeking our support | :31:15. | :31:20. | |
for exports, and I hope that the Scottish Government will encourage | :31:21. | :31:24. | |
businesses in Scotland to work with the Department for International | :31:25. | :31:27. | |
trade, so we can maximise that. We have made that offer and we hope | :31:28. | :31:32. | |
been able to get up. What steps is he taking to promote a global free | :31:33. | :31:41. | |
trade agenda? We have repeatedly set out our worries about the slowdown | :31:42. | :31:45. | |
in the growth of global trade. That has implications across the globe, | :31:46. | :31:49. | |
and it's worth making the general point that we need more free trade, | :31:50. | :31:55. | |
because it increases global prosperity. Increasing global spread | :31:56. | :31:59. | |
prosperity leads to greater political stability, which leads to | :32:00. | :32:07. | |
greater global security. Those elements, it's not possible to | :32:08. | :32:15. | |
disaggregate them. When he lobbying firm foreign inward investment, | :32:16. | :32:17. | |
which he agreed with the Foreign Secretary, who said at a pound spent | :32:18. | :32:22. | |
in Croydon has more value to this country than a pound spent in sharp | :32:23. | :32:31. | |
eyed? I bow to no one in the size for my credentials as a Unionist, | :32:32. | :32:34. | |
and I want to see prosperity spread to every part of the United Kingdom. | :32:35. | :32:39. | |
I thought the Scottish Government economic policies will also help | :32:40. | :32:40. | |
contribute | :32:41. | :32:42. |