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1467696
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Trade Barriers: USA more like this
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 International Trade, what recent discussions she has had with her US counterpart on reducing market barriers with the United States. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13274 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-16more like thismore than 2022-06-16
answer text <p>In the last 12 months the UK and US have worked together to deliver some major trade breakthroughs, such as resolving the long-running Large Civil Aircraft dispute and agreeing to terminate the Section 301 investigation and suspend tariffs relating to the Digital Services Tax. We have also secured the lifting of the long-standing US ban on the import of British beef and lamb.</p><p> </p><p>Most recently, we successfully removed Section 232 tariffs on imports of UK steel and aluminium products. This will bring welcome relief to the UK steel and aluminium industries which support the jobs of around 80,000 people across the UK supply chain. In response the UK has suspended the rebalancing measures on imports of US products.</p><p> </p><p>During the Trade Dialogues in Baltimore and Aberdeen, Ambassador Tai and Secretary of State Trevelyan agreed to work together to develop a roadmap for further UK US Trade, including further collaboration on reducing market barriers.</p><p> </p><p>We have also recently signed our first state-level trade and economic development Memorandum of Understanding (MOU) with Indiana, which will create a framework to discuss removal of barriers to trade and investment. We hope to sign more MOUs this year.</p>
answering member constituency Portsmouth North more like this
answering member printed Penny Mordaunt more like this
grouped question UIN 13277 more like this
question first answered
less than 2022-06-16T16:40:22.81Zmore like thismore than 2022-06-16T16:40:22.81Z
answering member
4017
label Biography information for Penny Mordaunt more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467697
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading UK Export Finance more like this
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 International Trade, what assessment her Department has made of the effectiveness of UK Export Finance in supporting UK businesses. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13275 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-14more like thismore than 2022-06-14
answer text <p>As advised in my response to the Honourable Member’s previous question (UIN 148424), during financial year 2020/21 UK Export Finance (UKEF) provided support of £12.3 billion to UK exporters selling to 77 countries around the world, supporting 549 companies directly (of whom 79% were small and medium sized enterprises), and thousands more indirectly in supply chains. During that year, UKEF supported around 107,000 UK jobs. UKEF provided £29 billion of support to UK exporters during the period 2016/17 to 2020/21.</p><p>UKEF was recently named the world’s best ECA at the International TFG Trade Awards 2022.</p> more like this
answering member constituency Finchley and Golders Green more like this
answering member printed Mike Freer more like this
question first answered
less than 2022-06-14T16:47:35.083Zmore like thismore than 2022-06-14T16:47:35.083Z
answering member
4004
label Biography information for Mike Freer more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467700
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Overseas Trade: Russia more like this
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 International Trade, what assessment her Department has made of the effectiveness of UK sanctions against Russia on reducing trade with that country. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13276 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-15more like thismore than 2022-06-15
answer text <p>In lockstep with allies, we continue to impose the largest, most severe economic sanctions Russia has faced. <br></p><p>Sanctions imposed by the UK and international partners are having damaging consequences for Putin’s ability to wage war, with around £275 billion – up to 60% of Russian foreign currency reserves – currently frozen.</p><p>Foreign, Commonwealth and Development Office analysis shows Russia is heading for the deepest recession since the Soviet Union’s collapse, deeper than the 2008 global financial crisis. Estimates for Russia’s GDP in 2022 range from -8% to -15%, with the IMF forecasting the economy to continue shrinking a further 2.3% in 2023.</p> more like this
answering member constituency Finchley and Golders Green more like this
answering member printed Mike Freer more like this
question first answered
less than 2022-06-15T14:10:52.763Zmore like thismore than 2022-06-15T14:10:52.763Z
answering member
4004
label Biography information for Mike Freer more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467701
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Import Duties: USA more like this
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 International Trade, what steps her Department is taking to lift US tariffs on imports from the UK. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13277 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-16more like thismore than 2022-06-16
answer text <p>In the last 12 months the UK and US have worked together to deliver some major trade breakthroughs, such as resolving the long-running Large Civil Aircraft dispute and agreeing to terminate the Section 301 investigation and suspend tariffs relating to the Digital Services Tax. We have also secured the lifting of the long-standing US ban on the import of British beef and lamb.</p><p> </p><p>Most recently, we successfully removed Section 232 tariffs on imports of UK steel and aluminium products. This will bring welcome relief to the UK steel and aluminium industries which support the jobs of around 80,000 people across the UK supply chain. In response the UK has suspended the rebalancing measures on imports of US products.</p><p> </p><p>During the Trade Dialogues in Baltimore and Aberdeen, Ambassador Tai and Secretary of State Trevelyan agreed to work together to develop a roadmap for further UK US Trade, including further collaboration on reducing market barriers.</p><p> </p><p>We have also recently signed our first state-level trade and economic development Memorandum of Understanding (MOU) with Indiana, which will create a framework to discuss removal of barriers to trade and investment. We hope to sign more MOUs this year.</p>
answering member constituency Portsmouth North more like this
answering member printed Penny Mordaunt more like this
grouped question UIN 13274 more like this
question first answered
less than 2022-06-16T16:40:22.763Zmore like thismore than 2022-06-16T16:40:22.763Z
answering member
4017
label Biography information for Penny Mordaunt more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467702
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Environment Protection: Foreign Investment in UK more like this
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 International Trade, what steps her Department has taken to increase foreign direct investment in the UK’s green industries. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13278 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-15more like thismore than 2022-06-15
answer text <p>In a speech on 18 May, the Secretary of State for International Trade set out the UK's ambitions to become a global leader on Green Trade, including through driving greater investment into green industries that will boost economic growth, strengthen supply chains and increase exports, whilst cutting emissions.</p><p> </p><p>The Department has already taken major steps to build the UK’s green industrial base, including those detailed in my answer to the hon. Member for Stockton South on 19 April 2022 (UIN 148430), and my answer to the hon. Member for Hendon on 30 November 2021 (UIN 79334).</p><p> </p><p>To build on successes to date, this Autumn the Department for International Trade, along with the Department for Business Energy and Industrial Strategy, will host a Green Trade and Investment Expo in the North East of England, to showcase green investment opportunities, as well as promoting the UK’s climate solutions to overseas buyers.</p> more like this
answering member constituency Finchley and Golders Green more like this
answering member printed Mike Freer more like this
question first answered
less than 2022-06-15T16:59:52.43Zmore like thismore than 2022-06-15T16:59:52.43Z
answering member
4004
label Biography information for Mike Freer more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467704
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Trade Barriers more like this
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 International Trade, what steps her Department has taken to reduce barriers to global trade for British businesses. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13279 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-14more like thismore than 2022-06-14
answer text <p>In the financial year 2020-21, we resolved over 200 trade barriers across 74 countries. Removing these barriers supports British businesses to trade globally, such as opening access to Indonesia’s cosmetics market that imports £374 million a year, and access to the US for British lamb that is estimated to be worth £37 million in first five years of trade.</p> more like this
answering member constituency North East Hampshire more like this
answering member printed Mr Ranil Jayawardena more like this
question first answered
less than 2022-06-14T13:51:39.863Zmore like thismore than 2022-06-14T13:51:39.863Z
answering member
4498
label Biography information for Mr Ranil Jayawardena more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467705
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Overseas Trade: South America more like this
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 International Trade, what steps her Department is taking to increase trade with South American nations. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13280 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-14more like thismore than 2022-06-14
answer text <p>This year, we reached the final phase of the process to join the £9 trillion GDP Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, which includes Chile and Peru.</p><p> </p><p>Beyond trade agreements, we are working with regional partners to grow trade and open markets. British pork producers are now able to export to Chile, a market worth over £280 million in 2021 and, through initiatives like our annual roadshow, we are helping British businesses to seize opportunities in the region, like GlaxoSmithKline who are set to open a new vaccine distribution centre in Uruguay.</p> more like this
answering member constituency North East Hampshire more like this
answering member printed Mr Ranil Jayawardena more like this
question first answered
less than 2022-06-14T14:15:53.14Zmore like thismore than 2022-06-14T14:15:53.14Z
answering member
4498
label Biography information for Mr Ranil Jayawardena more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1467707
registered interest false more like this
date less than 2022-06-06more like thismore than 2022-06-06
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Trade Agreements: Switzerland more like this
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 International Trade, whether her Department has made an assessment of the potential merits of amending the UK’s trading relationship with Switzerland. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 13281 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-06-13more like thismore than 2022-06-13
answer text <p>HM Government recognises the merits of strengthening our trading relationship with Switzerland and has kickstarted work on an enhanced trade deal.</p><p> </p><p>While many British businesses currently benefit from tariff-free trade on goods, we want to do more for our world-leading services sector in particular, where we benefit from over £12 billion in exports to Switzerland annually. A new deal will seek to expand our relationship into industries of the future, including digital trade.</p> more like this
answering member constituency North East Hampshire more like this
answering member printed Mr Ranil Jayawardena more like this
question first answered
less than 2022-06-13T16:50:38.803Zmore like thismore than 2022-06-13T16:50:38.803Z
answering member
4498
label Biography information for Mr Ranil Jayawardena more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1454928
registered interest false more like this
date less than 2022-03-28more like thismore than 2022-03-28
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Overseas Trade: USA more like this
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 International Trade, what recent discussions she has had with her US counterpart on reducing market barriers at state level in the US for the purpose of increasing trade with that country. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 148422 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-04-05more like thismore than 2022-04-05
answer text <p>I have met with Governors and stakeholders from states across the US, including during a visit between 5 and 15 December 2021 and a virtual US visit at the beginning of February. Through these engagements I have been met with great interest in doing more with the UK.</p><p> </p><p>We are exploring mechanisms for deepening our trade and cooperation with states including through Memoranda of Understanding. We are also engaging with professional bodies and regulators across the US to explore where we can reduce barriers, including through recognition of professional qualifications.</p><p> </p><p>This will help deliver value to business and supporting our areas of shared interest, such as through levelling up and strengthening our existing ties.</p> more like this
answering member constituency Portsmouth North more like this
answering member printed Penny Mordaunt more like this
question first answered
less than 2022-04-05T16:33:09.907Zmore like thismore than 2022-04-05T16:33:09.907Z
answering member
4017
label Biography information for Penny Mordaunt more like this
tabling member
4844
label Biography information for Matt Vickers more like this
1454929
registered interest false more like this
date less than 2022-03-28more like thismore than 2022-03-28
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade remove filter
hansard heading Manufacturing Industries: Exports more like this
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 International Trade, what steps her Department is taking to support UK manufacturing exports. more like this
tabling member constituency Stockton South more like this
tabling member printed
Matt Vickers remove filter
uin 148423 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-04-05more like thismore than 2022-04-05
answer text <p>Last Autumn, the Department for International Trade (DIT) published the refreshed Export Strategy with an action-led 12-point plan to help exporters, including those in the manufacturing sector, to thrive in the global market and raise the UK’s exporting culture in the long-term. This includes initiatives such as the Export Support Service (ESS), the UK Export Academy, UK Export Finance, International Trade Advisers, and global networks. We are reaching out to businesses across all UK regions and nations to amplify exports opportunities for our manufacturers.</p> more like this
answering member constituency Finchley and Golders Green more like this
answering member printed Mike Freer more like this
question first answered
less than 2022-04-05T15:15:33.663Zmore like thismore than 2022-04-05T15:15:33.663Z
answering member
4004
label Biography information for Mike Freer more like this
tabling member
4844
label Biography information for Matt Vickers more like this