(13 years, 9 months ago)
Commons ChamberNo, I shall try to make progress.
We have taken a deliberate decision to focus our trade activity on the big, growing economies of the future—Brazil, Russia, India and China. My right hon. Friend the Secretary of State has already personally led trade missions to all four of those growing economies—crucial markets for the future. So yes, we are absolutely battling for Britain in trade talks.
I made this point in my speech: we should be concentrating not only on the BRIC countries, but on other fast-growing markets such as Indonesia and Turkey, and I seek the Minister’s assurance that we will do that.
I intend, time permitting, to go to Indonesia, where we have some specific trade objectives, and I think the Secretary of State plans to be in Turkey, so we recognise those countries’ importance. All of us, working with Lord Green in the other House, have trade promotion at the top of our agenda for this Government.
I have referred to the burden of tax, the burden of regulation, our support for small businesses, infrastructure and trade. There is also the crucial investment in the skills that we need for the future. Again, we inherited a mess from Labour. Many Members on both sides of the House will remember the disappointment when further education colleges, having had their hopes raised that there would be billions of pounds for capital projects, found that the money ran out. Labour’s problem with further education was that the money ran out even before the election, so Labour Members were holding the baby. They know the situation they left us.