Trade Remedy Measures: UK Interests Debate

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Department: Department for International Trade

Trade Remedy Measures: UK Interests

Kevin Foster Excerpts
Monday 25th February 2019

(5 years, 2 months ago)

Commons Chamber
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Liam Fox Portrait Dr Fox
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Given the short time for which my Department has existed, we have not yet developed such bodies. I will convey my hon. Friend’s representations loudly and clearly to my departmental colleagues, but I must say to him that the Trade Remedies Authority is necessary for the protection of key British businesses and the application of international trade law. If we cannot get the Trade Bill through on time, I will take contingency measures to ensure that those protections are given to British businesses, and that international trade law is upheld.

Kevin Foster Portrait Kevin Foster (Torbay) (Con)
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It is always a pleasure to see you in the Chair, Mr Deputy Speaker.

The Secretary of State will be aware of Torbay’s vibrant photonics industry, which manufactures and exports particularly to the United States. I welcome the continuing commitment to protecting industries in which there is production, but does he agree that it would make absolutely no sense to go on protecting industries that do not exist in this country, which would merely drive up prices for consumers?

Liam Fox Portrait Dr Fox
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I find it bizarre that what I interpret as the position of the Labour Front Bench today is to maintain trade remedies where there is no UK producer interest. It does not comply with WTO law, but even if it did, it would make no economic sense whatsoever to apply increased cost to the United Kingdom unnecessarily. I think that that shows how utterly confused, and confusing, Labour’s policy in this area is.