Oral Answers to Questions

Mark Garnier Excerpts
Thursday 25th February 2021

(3 years, 1 month ago)

Commons Chamber
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The Secretary of State was asked—
Mark Garnier Portrait Mark Garnier (Wyre Forest) (Con)
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What progress she has made on securing trade deals with ASEAN countries.

Elizabeth Truss Portrait The Secretary of State for International Trade (Elizabeth Truss)
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Last year, we secured trade deals with Vietnam and Singapore. This month, I submitted our application to CPTPP—the Comprehensive and Progressive Agreement for Trans-Pacific Partnership—a huge free trade area covering £9 trillion of GDP, which contains four ASEAN countries.

Mark Garnier Portrait Mark Garnier [V]
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First, I congratulate my right hon. Friend on everything she and her Department have achieved in terms of signing trade deals across the world. It is certainly important that the UK continues to engage in deepening its trading relationships with its close allies and trading partners, such as Australia, New Zealand and the United States, but there are also many other significant trading partners and friends across the globe, such as the Kingdom of Thailand, where I serve as the Prime Minister’s trade envoy. Could my right hon. Friend see her way to prioritising Thailand in the next round of countries to engage in formal free trade agreement negotiations, so that we can formalise our trading relationship with this long-standing and valued trading partner?

Elizabeth Truss Portrait Elizabeth Truss
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My hon. Friend is right to highlight the importance of Thailand. We have a bilateral relationship worth £5 billion a year and he is doing a fantastic job as our trade envoy to that great country. We are currently conducting a joint trade review to identify priorities in agriculture, pharmaceuticals and food and drink, and this is strong groundwork for a future FTA negotiation.