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Richard Foord
Main Page: Richard Foord (Liberal Democrat - Tiverton and Honiton)Department Debates - View all Richard Foord's debates with the Department for Business and Trade
(2 weeks, 2 days ago)
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Richard Foord (Tiverton and Honiton) (LD)
Green Resource Engineering Ltd, a highly successful company in Willand, already exports £1 million of engineering business to South Korea every year and has done so for the last six years. The managing director, Richard Booth, let me know that exporting to Korea is already straightforward; by contrast, getting parts in from Europe has become a real headache. Rather than fretting about a free trade agreement with Korea, how are the Government monitoring additional red tape after having left the European single market?
Kemi Badenoch
We have the most comprehensive free trade agreement with the EU—more than with any other country in the world—so that should not be the reason for difficulties in bringing in components. If the hon. Member has something specific that we can look at, I will be happy to take a look, but we have been doing everything to ensure that trade—in auto in particular—continues to boom, and it is booming. We were able to stop the issue with rules of origin, which was going to have a deadline at the end of this year. In terms of specific components that are having trouble getting across the border, I will need a bit more detail to provide him with an answer, but that is not about leaving the EU.