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Speech in Lords Chamber - Tue 11 Sep 2018
Trade Bill

"My Lords, I am delighted to follow the noble Viscount, Lord Trenchard, although I cannot possibly agree with him on most of what he said, particularly not on his last comments about medical products. I invite him to reconsider very carefully what he said about the precautionary principle not being …..."
Lord Wigley - View Speech

View all Lord Wigley (PC - Life peer) contributions to the debate on: Trade Bill
Speech in Lords Chamber - Mon 16 Apr 2018
Worldwide Free Trade

"My Lords, does the Minister accept that one area of some concern with regard to increased imports from outside the European Union which may follow is in relation to food stuffs and the safety standards that will be applied in the countries of origin of the food that will be …..."
Lord Wigley - View Speech

View all Lord Wigley (PC - Life peer) contributions to the debate on: Worldwide Free Trade
Written Question
Overseas Trade
Friday 8th December 2017

Asked by: Lord Wigley (Plaid Cymru - Life peer)

Question to the Department for International Trade:

To ask Her Majesty's Government with how many countries have they agreed to seek to establish a bilateral tariff-free trade agreement following Brexit.

Answered by Baroness Fairhead

We are talking to a number of countries about future trading options, including Free Trade Agreements. We are also using instruments like Joint Trade Reviews, a collaborative in-depth analysis into the mutual trading relationship between the UK and a partner country; to look for areas we can improve our bilateral trading relationships.

We will aim through these discussions to put in place various mechanisms to improve trading relations and remove barriers affecting UK businesses.

Written Question
Trade
Monday 31st October 2016

Asked by: Lord Wigley (Plaid Cymru - Life peer)

Question to the Department for International Trade:

To ask Her Majesty’s Government what is the latest estimate of the percentage of world trade which is transacted in pounds sterling.

Answered by Lord Price

HMG does not hold official data that directly measures the percentage of world trade which is transacted in pounds sterling.

According to the Bank for International Settlements, in the year up to April 2016 13% of the world’s foreign exchange transactions was conducted in pounds sterling.

[Source: Bank for International Settlements, Triennial Central Bank Survey of foreign exchange and OTC derivatives markets in 2016 – table D11.3 http://stats.bis.org/statx/srs/table/d11.3 ]