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1402240
registered interest false more like this
date less than 2022-01-12more like thismore than 2022-01-12
answering body
Wales Office more like this
answering dept id 28 more like this
answering dept short name Wales more like this
answering dept sort name Wales more like this
hansard heading Trade Agreements: Wales remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Wales, what discussions he has had with Cabinet colleagues on how people in (a) Newport West constituency and (b) Wales can benefit from trade agreements signed by the Government. more like this
tabling member constituency Newport West more like this
tabling member printed
Ruth Jones more like this
uin 102767 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-01-18more like thismore than 2022-01-18
answer text <p>I regularly meet with my ministerial colleagues to discuss a range of topics, including our future trade agreements. This includes the quarterly Inter-Ministerial Trade Advisory Groups, in addition to regular bi-lateral meetings.</p><p>Leaving the EU has given us the ability to strike our own trade deals, creating new opportunities for our excellent businesses in Wales to trade internationally. The Australia Free Trade Agreement (FTA) is the first we have negotiated from scratch since leaving the EU and shows what we are capable of as a sovereign trading nation. This trade deal can boost Wales’ economy by around £60 million. We have further achieved an agreement in Principle with New Zealand, and through this Welsh automotive companies will benefit from the removal of tariffs of up to 10% and build on their £3.4m of exports to New Zealand in 2020.</p><p>Further trade agreements in the pipeline include agreements with India, the US, Gulf Co-Operation Council, along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Joining CPTPP puts us into the dynamic economies of the Pacific region, with UK exports to current CPTPP countries already set to increase by 65% by 2030, equating to £37 billion for the UK as whole.</p><p>In addition to this, we are also renegotiating FTAs with Canada and Mexico later in the year to build on our existing bilateral trade relationship with these countries. These exciting trade deals will open up new markets to Welsh businesses and create exciting new export opportunities.</p><p>Businesses across Wales and the UK have the ability to seize the opportunities provided by these trade agreements, and the UK Government will continue to support businesses to achieve their trading potential. To support this vision, the UK Government has announced its new Export Strategy called ‘Made in the UK, Sold to the World’, with the aim of helping UK businesses hit £1 trillion in exports. This twelve-point strategy includes support for businesses through the UK Export Academy, UK Export Finance, and a new UK Tradeshow Programme, all designed to provide UK businesses with the tools they need to promote and export their products abroad, and help the UK become a nation of exporters.</p><p> </p><p> </p><p> </p>
answering member constituency Carmarthen West and South Pembrokeshire more like this
answering member printed Simon Hart more like this
question first answered
less than 2022-01-18T14:28:31.593Zmore like thismore than 2022-01-18T14:28:31.593Z
answering member
3944
label Biography information for Simon Hart more like this
tabling member
4716
label Biography information for Ruth Jones more like this
1329004
registered interest false more like this
date less than 2021-05-27more like thismore than 2021-05-27
answering body
Wales Office more like this
answering dept id 28 more like this
answering dept short name Wales more like this
answering dept sort name Wales more like this
hansard heading Trade Agreements: Wales remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Wales, whether he has had discussions with the Welsh Trade and Investment Hub on producing economic impact assessments of trade deals proposed by the UK Government. more like this
tabling member constituency Carmarthen East and Dinefwr more like this
tabling member printed
Jonathan Edwards more like this
uin 8578 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-07more like thismore than 2021-06-07
answer text <p>I work closely with my colleagues in the Department for International Trade to ensure that businesses and consumers across Wales feel the benefits of our world-class Free Trade Agreements and take advantage of new opportunities as we unlock access to new markets. The Government carried out preliminary scoping assessments for each FTA negotiation with a full impact assessment published prior to implementation.</p><p> </p><p>The Trade and Investment Hubs are central to promoting British exports from all parts of the UK, to help level up the country and build back better. The hub in Cardiff will be home to export and investment specialists who will provide businesses with expert support and advice to maximise export potential, boost trade in new markets overseas, and help businesses feed directly into the free trade agreements programme.</p><p> </p><p> </p> more like this
answering member constituency Carmarthen West and South Pembrokeshire more like this
answering member printed Simon Hart more like this
question first answered
less than 2021-06-07T10:19:30.353Zmore like thismore than 2021-06-07T10:19:30.353Z
answering member
3944
label Biography information for Simon Hart more like this
tabling member
3943
label Biography information for Jonathan Edwards more like this
1169607
registered interest false more like this
date less than 2020-01-08more like thismore than 2020-01-08
answering body
Wales Office more like this
answering dept id 28 more like this
answering dept short name Wales more like this
answering dept sort name Wales more like this
hansard heading Trade Agreements: Wales remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Wales, what recent assessment he has made of the potential benefit to the Welsh economy of new free trade deals with developing countries. more like this
tabling member constituency Romford more like this
tabling member printed
Andrew Rosindell more like this
uin 1312 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-01-13more like thismore than 2020-01-13
answer text <p>We are working with countries across the world to explore the best ways to develop our current trade and investment relationships and ensure that Britain becomes a global leader in free trade once we leave the EU.</p><p> </p><p>The UK’s exit from the EU creates an opportunity for the UK to send a positive signal that our markets are open and we are determined to promote business with the developing world.</p><p> </p><p>Increased trade and investment with developing countries creates opportunities for UK firms and consumers, for example lowering prices, and opening fast-growing markets for UK exporters.</p><p> </p><p>My Department and others, including the Department for International Trade, are determined to ensure that the needs and interests of Wales are well represented and that any future trade deal works for the whole of the UK. We consult closely with the Welsh Government on this work.</p><p><strong> </strong></p> more like this
answering member constituency Carmarthen West and South Pembrokeshire more like this
answering member printed Simon Hart more like this
question first answered
less than 2020-01-13T16:12:56.69Zmore like thismore than 2020-01-13T16:12:56.69Z
answering member
3944
label Biography information for Simon Hart more like this
tabling member
1447
label Biography information for Andrew Rosindell more like this