US-UK Trade Deal: Northern Ireland Debate
Full Debate: Read Full DebateChris Vince
Main Page: Chris Vince (Labour (Co-op) - Harlow)Department Debates - View all Chris Vince's debates with the Department for Business and Trade
(1 day, 19 hours ago)
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First of all, I am extremely grateful to the right hon. Gentleman for pointing out that, across this House, there should be unanimous agreement that trade agreements with the United States and India are in everyone’s interests. I have been a bit dismayed by some of the feedback from those on the Conservatives Benches—not Back Benchers, but Front Benchers—because we should all recognise that such deals are important not only for our bilateral trading relationships with those key markets and for the potential growth that comes from that, but because they send a message to the rest of the world about free, fair and open trade at a time when that message is very much needed.
Feedback on the performance of the duty reimbursement scheme has been significant and we are working with partners in Northern Ireland, and with the Treasury, to see how we can improve the scheme. I think people recognise the fundamentals of the scheme and what it is trying to do, but there are complaints about how easy it is to access. I recognise that and commit to working on it.
We have a whole range of export programmes, as the right hon. Gentleman might be aware, but how exciting it will be to have businesses from Northern Ireland and every part of the UK take advantage of some of the new, liberalised trading relationships that we have in place. They are not only preferential to what we have had in the past, but preferential to what other countries have. For instance, the deal with India offers access to Indian Government procurement that no other country in the world has. I am excited by that, and I hope other colleagues are too.
I thank the Minister for his vital work on this trade deal—I am feeling more and more like Jim Shannon all the time.
Order. The hon. Member means “the hon. Member for Strangford”.
Apologies. I am feeling more and more like the hon. Member for Strangford (Jim Shannon) all the time.
Can the Minister give the House some additional detail on how this trade deal and others will protect jobs in both Northern Ireland and Harlow? Does he agree that these trade deals mean that we avoid a trade war, which is good for everybody?
I thoroughly endorse that. There are some significant headline wins from these trade agreements. Obviously, we are focused in the main on headline reductions in tariffs—whether that is whisky going from 150% to 40% under the India deal, or the removal of sectoral tariffs through the US deal—but there are other things. I have mentioned procurement from the Indian Government, but what really interests me is how we can remove frictions for smaller businesses and how we could have greater access to the US market. Trade—liberalised trade and free trade—is one of the absolute certainties for growth, for jobs and for investment. That is why I want all colleagues to be behind these deals. At times in the UK’s history, there has been a genuine cross-party consensus on the benefits that trade can bring, and I want to see every colleague on either side of the Chamber get out there and sell the benefits to businesses in their own communities.