Asked by: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, with reference to the £800 million commitment from Mubadala as part of the UAE-UK Sovereign Investment Partnership, which areas of the life sciences sector will receive funding from that Partnership.
Answered by Graham Stuart
The UK Government remains committed to providing £200m in funding to unlock additional investment in our world-leading life sciences sector. We are working closely with Mubadala and considering how best to deploy this funding in light of Mubadala’s own £800m commitment to the sector.
In total, this means £1bn of new funding available for our most promising life sciences companies, with the potential to crowd in more funding from other investors.
Asked by: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment she has made of the effect on the Union of the UK applying EU tariffs by default on all goods entering Northern Ireland from 1 January 2021.
Answered by Greg Hands
We are committed to meeting our obligations under the Northern Ireland Protocol (the Protocol). Northern Ireland is and remains part of the UK’s customs territory. Businesses and consumers in Northern Ireland should be able to take advantage of the UK tariff at the end of the transition period.
The Protocol provides that the criteria for ‘not at risk’ goods shall be decided by the Joint Committee before the end of the Transition Period.
Asked by: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what discussions she has had with the Chancellor of the Duchy of Lancaster on the Government’s (a) operational plans, (b) timeframes and (c) risks associated with the UK’s new customs border with the EU and implementation of the Northern Ireland Protocol from 1 January 2021.
Answered by Greg Hands
Specifics of any discussions between the Secretary of State and the Chancellor of the Dutchy of Lancaster cannot be disclosed.
The Command Paper published on 20th June sets out a pragmatic and proportionate way to implement the Northern Ireland Protocol (the Protocol), whilst maintaining the priority to protect Northern Ireland (NI’s) place in our United Kingdom.
The Department for International Trade (DIT) is working closely with officials in both the Border and Protocol Delivery Group and HM Revenue & Customs (HMRC) to implement all border delivery plans and timelines, including in relation to the delivery of tariff declaration systems, in the lead up to the end of the transition period.
Asked by: Mary Glindon (Labour - Newcastle upon Tyne East and Wallsend)
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what assessment she has made of the Government's ability to deliver a dual UK and EU tariff system in Northern Ireland from 1 January 2021.
Answered by Greg Hands
Specifics of any discussions between the Secretary of State and the Chancellor of the Dutchy of Lancaster cannot be disclosed.
The Command Paper published on 20th June sets out a pragmatic and proportionate way to implement the Northern Ireland Protocol (the Protocol), whilst maintaining the priority to protect Northern Ireland (NI’s) place in our United Kingdom.
The Department for International Trade (DIT) is working closely with officials in both the Border and Protocol Delivery Group and HM Revenue & Customs (HMRC) to implement all border delivery plans and timelines, including in relation to the delivery of tariff declaration systems, in the lead up to the end of the transition period.