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1402240

registered interest
date	12/01/2022
answering body	Wales Office
answering dept id	28
answering dept short name	Wales
answering dept sort name	Wales
hansard heading	Trade Agreements: Wales
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Newport West
tabling member printed	Ruth Jones
uin	102767
answer	answer is ministerial correction date of answer 18/01/2022 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 answering member printed Simon Hart question first answered 18/01/2022 14:28:31 answering member 3944 label Biography information for Simon Hart
tabling member	4716 label Biography information for Ruth Jones

1329004

registered interest
date	27/05/2021
answering body	Wales Office
answering dept id	28
answering dept short name	Wales
answering dept sort name	Wales
hansard heading	Trade Agreements: Wales
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Carmarthen East and Dinefwr
tabling member printed	Jonathan Edwards
uin	8578
answer	answer is ministerial correction date of answer 07/06/2021 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> answering member constituency Carmarthen West and South Pembrokeshire answering member printed Simon Hart question first answered 07/06/2021 10:19:30 answering member 3944 label Biography information for Simon Hart
tabling member	3943 label Biography information for Jonathan Edwards

1169607

registered interest
date	08/01/2020
answering body	Wales Office
answering dept id	28
answering dept short name	Wales
answering dept sort name	Wales
hansard heading	Trade Agreements: Wales
house id	1
legislature	25259 pref label House of Commons
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.
tabling member constituency	Romford
tabling member printed	Andrew Rosindell
uin	1312
answer	answer is ministerial correction date of answer 13/01/2020 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> answering member constituency Carmarthen West and South Pembrokeshire answering member printed Simon Hart question first answered 13/01/2020 16:12:56 answering member 3944 label Biography information for Simon Hart
tabling member	1447 label Biography information for Andrew Rosindell