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1694169

	registered interest
	date	06/03/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, what assessment she has made of the impact of the UK's exit from the EU on the volume of goods imports and exports between 2018 and 2023; and what steps she is taking to increase goods imports and exports.
	tabling member constituency	Slough
	tabling member printed	Mr Tanmanjeet Singh Dhesi
	uin	17417
	answer	answer is ministerial correction date of answer 13/03/2024 answer text <p>We are leading a whole of Government effort to tackle trade barriers. In the 2022-23 financial year alone, the Department resolved 178 trade barriers.</p><p>Total UK goods trade in 2023 was worth £974.1billion - a 15% increase compared to 2018 in current prices.</p><p>We continue to help businesses trade globally with a wealth of support options on great.gov.uk, including the Export Academy, Export Champions, our International Markets network and UK Export Finance.</p><p>The Department has around 300 staff across our network of Embassies and High Commissions in Europe to resolve market access barriers faced by businesses, promote exports and encourage investments.</p><p> </p><p> </p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 13/03/2024 15:43:23 answering member 1526 label Biography information for Greg Hands
	tabling member	4638 label Biography information for Mr Tanmanjeet Singh Dhesi

1682989

	registered interest
	date	17/01/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, what assessment she has made of the impact of (a) Houthi attacks in the Red Sea and (b) the redirection of ships around the Cape of Good Hope on UK trade.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	10040
	answer	answer is ministerial correction date of answer 25/01/2024 answer text <p>The UK is committed to ensuring the safety of shipping in the Red Sea and protecting international trade routes, as shown by our support for Operation Prosperity Guardian.</p><p> </p><p>The Department (alongside other government departments who are leading the overall response to the Red Sea crisis) is closely monitoring the situation, working with key stakeholders and businesses to identify and mitigate supply chain issues. On 17 January the Department published the UK’s first ever Critical Import and Supply Chains Strategy. This will help UK businesses, working in partnership with Government, build secure and reliable supply chains vital to the UK economy, national security, and the delivery of essential services.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 25/01/2024 17:49:29 answering member 4460 label Biography information for Ms Nusrat Ghani
	tabling member	1447 label Biography information for Andrew Rosindell

1682391

	registered interest
	date	16/01/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, if she will take steps to help encourage more trade between the UK and its neighbours.
	tabling member constituency	Strangford
	tabling member printed	Jim Shannon
	uin	9821
	answer	answer is ministerial correction date of answer 23/01/2024 answer text <p>This Government continues to support UK firms to export and invest. We have published our Export Strategy which sets out the support we provide to companies and investors through our network of international trade advisers, sector specialists, and the export support service.</p><p>Ministers and officials meet European partners to promote trade and investment opportunities, remove barriers to trade and support UK businesses. In addition to our trade agreements with the European Union and the EEA/EFTA, we are negotiating an enhanced FTA with Switzerland and will continue to pursue opportunities to strengthen economic ties with our neighbours.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 23/01/2024 18:16:59 answering member 1526 label Biography information for Greg Hands
	tabling member	4131 label Biography information for Jim Shannon

1679353

	registered interest
	date	05/01/2024
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, whether her Department has made an assessment of the implications for (a) her policies and (b) levels of international trade of Houthi activity in the Red Sea.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	7810
	answer	answer is ministerial correction date of answer 15/01/2024 answer text <p>The UK is committed to ensuring the safety of shipping in the region and safeguarding international trade routes. Amid ongoing Houthi attacks against commercial vessels transiting the Red Sed, the UK has joined Operation PROSPERITY GUARDIAN to help safeguard freedom of navigation.</p><p> </p><p>Whilst other government departments are leading the overall response to the Red Sea crisis, the Department for Business and Trade is focussed on the trade and business side. We continue to assess impacts of Houthi activity on international trade and are working across Government to analyse sectoral impacts and engage industry. Mitigating supply chain issues and promoting free and open international trade continue to be top priorities of HMG.</p><p> </p><p>HMG will shortly be publishing the UK Critical Imports and Supply Chains Strategy, which will reflect the government’s broader Supply Chain Resilience Framework.</p> answering member constituency Wealden answering member printed Ms Nusrat Ghani question first answered 15/01/2024 16:41:59 answering member 4460 label Biography information for Ms Nusrat Ghani
	tabling member	1447 label Biography information for Andrew Rosindell

1678315

	registered interest
	date	14/12/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Overseas Trade
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of whether to align new rules on reducing settlement times for trades with the United States or the European Union.
	tabling member printed	Lord Taylor of Warwick
	uin	HL1239
	answer	answer is ministerial correction date of answer 21/12/2023 answer text <p>In December 2022 the Chancellor established the ‘Accelerated Settlement Taskforce’. This industry taskforce will examine the case for trades to be settled more quickly in the UK, such as moving to a ‘T+1’ standard settlement period. The full terms of reference can be found on gov.uk<sup><sup>[1]</sup></sup>. The government looks forward to receiving the taskforce’s recommendations and setting out its next steps as appropriate.</p><p> </p><p>[1] <a href="https://www.gov.uk/government/publications/accelerated-settlement-taskforce" target="_blank">https://www.gov.uk/government/publications/accelerated-settlement-taskforce</a></p> answering member printed Baroness Vere of Norbiton question first answered 21/12/2023 10:10:57 answering member 4580 label Biography information for Baroness Vere of Norbiton
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1671437

	registered interest
	date	20/11/2023
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, what assessment she has made of the implications for her policies of the recommendations of the UK Trade and Business Commission's report entitled Trading our way to prosperity, published May 2023.
	tabling member constituency	Kirkcaldy and Cowdenbeath
	tabling member printed	Neale Hanvey
	uin	2650
	answer	answer is ministerial correction date of answer 24/11/2023 answer text <p>His Majesty’s Government is getting on with the job of delivering economic growth for the whole of the UK. Our trade strategy is to trade our way to prosperity. We are driving prosperity by seeking to strengthen the World Trade Organisation, reform the global rulebook, protect UK business, and open markets by signing high-quality trade deals and removing trade barriers.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 24/11/2023 17:05:17 answering member 1526 label Biography information for Greg Hands
	tabling member	4782 label Biography information for Neale Hanvey

1661518

	registered interest
	date	18/09/2023
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what steps they have taken to protect UK businesses from potentially being locked out of new markets created by the Inflation Reduction Act in the absence of a free trade agreement with the United States of America.
	tabling member printed	Lord Leong
	uin	HL10255
	answer	answer is ministerial correction date of answer 02/10/2023 answer text <p>We have been working with the U.S. on the Inflation Reduction Act including through negotiations on a Critical Minerals Agreement.</p><p> </p><p>UK firms are already part of U.S. supply chains, and we are a net exporter of raw materials for batteries to the U.S. This agreement will support UK based firms to continue to supply the large U.S. market for these materials.</p> answering member printed Lord Offord of Garvel question first answered 02/10/2023 11:43:00 answering member 4931 label Biography information for Lord Offord of Garvel
	tabling member	4959 label Biography information for Lord Leong

1628730

	registered interest
	date	11/05/2023
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, what steps her Department is taking to help reduce barriers to global trade for British businesses.
	tabling member constituency	Walsall North
	tabling member printed	Eddie Hughes
	uin	905007
	answer	answer is ministerial correction date of answer 18/05/2023 answer text <p>We are targeting a global ‘hit list’ of barriers whose removal would deliver massive new opportunities for UK business throughout the country, estimated to be worth over £20 billion over five years.</p><p> </p><p>Latest available figures show that in the year to March 2022, the Department resolved 192 trade barriers in 79 countries; 45 of these alone are estimated to be worth around £5 billion to businesses across the UK over the next five years.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 18/05/2023 15:40:54 answering member 4407 label Biography information for Nigel Huddleston
	tabling member	4635 label Biography information for Eddie Hughes

1611348

	registered interest
	date	17/04/2023
	answering body	Department for Business and Trade
	answering dept id	214
	answering dept short name	Business and Trade
	answering dept sort name	Business and Trade
	hansard heading	Overseas Trade
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business and Trade, whether her Department has made an assessment of the impact of malaria and other global health issues on the UK’s overseas trade with countries disproportionately affected by malaria and tropical diseases, including trade with Commonwealth countries.
	tabling member constituency	Motherwell and Wishaw
	tabling member printed	Marion Fellows
	uin	180976
	answer	answer is ministerial correction date of answer 21/04/2023 answer text <p>The Department for Business and Trade (DBT) is an economic growth department that will support British businesses to invest, grow and export, creating jobs and prosperity across the UK; such health assessments fall outside its remit.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston grouped question UIN 177849 question first answered 21/04/2023 10:55:16 answering member 4407 label Biography information for Nigel Huddleston
	tabling member	4440 label Biography information for Marion Fellows

1583153

	registered interest
	date	01/02/2023
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Overseas Trade
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government how they intend to identify trusted traders for the purposes of the UK border.
	tabling member printed	Viscount Waverley
	uin	HL5349
	answer	answer is ministerial correction date of answer 10/02/2023 answer text <p>HMRC operates a range of customs and excise Trusted Trader Schemes that give traders access to a range of facilitations and simplifications. Once authorised for a particular scheme, traders are trusted to operate that particular facilitation. This trusted status is recognised in HMRC border processes.</p> answering member printed Baroness Penn question first answered 10/02/2023 14:08:27 answering member 4726 label Biography information for Baroness Penn
	tabling member	1744 label Biography information for Viscount Waverley