Agricultural Exports from Australia: Tariffs

Lord Forsyth of Drumlean Excerpts
Tuesday 8th June 2021

(2 years, 9 months ago)

Lords Chamber
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Lord Grimstone of Boscobel Portrait Lord Grimstone of Boscobel (Con)
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With due respect, I do not think January can be taken as a representative month. I do not think any trends are yet fully established. As noble Lords know, there was some stopping beforehand and there was particular disruption as people got used to the new system. With regard to the Australia free trade agreement, we intend to secure reductions in tariffs on UK exports to Australia, which will save UK businesses millions of pounds. The deal will support over 15,300 business which already export goods to Australia, and I am sure the noble Lord would like to welcome this.

Lord Forsyth of Drumlean Portrait Lord Forsyth of Drumlean (Con)
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My Lords, will my noble friend accept congratulations on the fantastic work he has done on negotiating this trade deal together with Liz Truss, the Secretary of State, who seems indefatigable in her energy? Could he perhaps remind the noble Lord, Lord Purvis of Tweed, of the enormous benefits this deal will bring to the Scotch whisky industry—not least in having tariff-free access to Australia, but also in opening the door to the Trans-Pacific Partnership, which will offer huge opportunities to Scotland’s biggest export industry?

Lord Grimstone of Boscobel Portrait Lord Grimstone of Boscobel (Con)
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I thank the noble Lord for his kind words, which I will certainly pass on to my colleague the Secretary of State. The noble Lord is completely right: the Trans-Pacific Partnership, which this is a gateway to, will be of huge benefit to UK businesses big and small. This is something we should all welcome.