Oral Answers to Questions

Angus Brendan MacNeil Excerpts
Thursday 15th July 2021

(2 years, 10 months ago)

Commons Chamber
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Angus Brendan MacNeil Portrait Angus Brendan MacNeil (Na h-Eileanan an Iar) (SNP) [V]
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I concur with the previous speaker on the Maldives.

Some seafood companies in Scotland have seen their costs of selling to the continent treble from 32p a kilo to about £1 a kilo. Also, UK exports to Ireland have fallen by 47.6%. All that illustrates the current damage Brexit is doing. We know from Government figures that, for every £490 lost to GDP, trade deals are not bringing in very much, unfortunately: an Australian trade deal makes up only £2 of that; a New Zealand trade deal £1; an America deal, if it happens, £20; and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership will bring in £3 to £8, depending on the way the cards fall. Has the DIT identified any other trade deal that might make up merely 0.1% of GDP, the odd £10 for every £490 of Brexit loss? Is there a figure for India yet? It has been a number of weeks since I asked the Minister this, but is there a GDP figure for a trade deal with India, if it happens?

Ranil Jayawardena Portrait Mr Jayawardena
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The question has been asked and it has already been answered. I would have thought that the hon. Gentleman would welcome that, in the EEA-EFTA trade deal, we have secured great benefits for Scottish businesses exporting to Norway. According to the figures I have seen, Orkney Scottish Island cheddar could see its duty reduced by two thirds. There will also be an important new opportunity for fish feed exporters to export tariff-free to Norway—it will see previously high tariffs on fish feed slashed to nought—providing a potential boost to the aquaculture industry in Scotland.