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1347085

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment she has made of the potential effect of her Department’s trade policies on growth for British businesses.
tabling member constituency	Merthyr Tydfil and Rhymney
tabling member printed	Gerald Jones
uin	902820
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>We have set out the potential impacts of Free Trade Agreements in our published Scoping Assessments for the US, Australia, New Zealand and CPTPP. An Impact Assessment has also been published on the recently signed agreement with Japan, which shows that it goes beyond the existing EU deal, providing a long-run boost to the UK economy of around £1.5bn, compared to a situation without the deal. Output in the North West and Wales could increase by £64 million and £34 million respectively.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/07/2021 13:02:46 answering member 1482 label Biography information for Graham Stuart
tabling member	4501 label Biography information for Gerald Jones

1347086

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment she has made of the potential effect of her Department’s trade policies on growth for British businesses.
tabling member constituency	Blaenau Gwent
tabling member printed	Nick Smith
uin	902823
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>We have set out the potential impacts of Free Trade Agreements in our published Scoping Assessments for the US, Australia, New Zealand and CPTPP. An Impact Assessment has also been published on the recently signed agreement with Japan, which shows that it goes beyond the existing EU deal, providing a long-run boost to the UK economy of around £1.5bn, compared to a situation without the deal. Output in the North West and Wales could increase by £64 million and £34 million respectively.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/07/2021 13:03:32 answering member 1482 label Biography information for Graham Stuart
tabling member	3928 label Biography information for Nick Smith

1347089

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Agriculture: Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	What recent steps her Department has taken to support British farmers and food producers to increase their global sales.
tabling member constituency	Eddisbury
tabling member printed	Edward Timpson
uin	902808
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>The UK’s farming, food and drink products are a source of pride, whether it be Scotch whisky, Welsh lamb, or other iconic products from across the country. Our new trade deals are unlocking new markets and opportunities for this important industry. Our ‘Open Doors’ campaign offers a wide range of support such as exporting masterclasses, a flagship mentoring programme and matching buyers with sellers to ensure more British produce is sold overseas.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/07/2021 13:00:55 answering member 1482 label Biography information for Graham Stuart
tabling member	1605 label Biography information for Edward Timpson

1347090

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment she has made of the potential effect of her Department’s trade policies on growth for British businesses.
tabling member constituency	Liverpool, Riverside
tabling member printed	Kim Johnson
uin	902809
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>We have set out the potential impacts of Free Trade Agreements in our published Scoping Assessments for the US, Australia, New Zealand and CPTPP. An Impact Assessment has also been published on the recently signed agreement with Japan, which shows that it goes beyond the existing EU deal, providing a long-run boost to the UK economy of around £1.5bn, compared to a situation without the deal. Output in the North West and Wales could increase by £64 million and £34 million respectively.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/07/2021 13:02:04 answering member 1482 label Biography information for Graham Stuart
tabling member	4824 label Biography information for Kim Johnson

1347091

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Trade Agreements: Australia
house id	1
legislature	25259 pref label House of Commons
question text	What assessment she has made of the potential merits of the UK-Australia free trade deal for food producers.
tabling member constituency	Vale of Glamorgan
tabling member printed	Alun Cairns
uin	902811
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>This deal will support jobs and drive growth by cutting tariffs on key UK exports like food (up to around 20% on cheese) bringing huge benefits to the UK’s agri-food sector.</p><p>Wales’ food and drink sector exported £10m to Australia last year in goods and could benefit from the removal of tariffs and non-tariff barriers.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 15/07/2021 11:22:40 answering member 1526 label Biography information for Greg Hands
tabling member	4086 label Biography information for Alun Cairns

1347092

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Overseas Trade
house id	1
legislature	25259 pref label House of Commons
question text	What assessment she has made of how international trade benefits (a) Kettering constituency, (b) North Northamptonshire and (c) England.
tabling member constituency	Kettering
tabling member printed	Mr Philip Hollobone
uin	902812
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>Kettering and the wider East Midlands economy already benefit from the higher productivity and better-quality jobs associated with international trade. Over 680,000 jobs in the region were directly or indirectly linked to exports in 2016, and new Foreign Direct Investment created over 2,149 new jobs in 2020/21. We are confident the new Free Trade Agreements we are striking globally will create even more opportunities for Kettering and Northamptonshire companies.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 15/07/2021 13:04:23 answering member 1482 label Biography information for Graham Stuart
tabling member	1537 label Biography information for Mr Philip Hollobone

1347093

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Trade Agreements: Mexico
house id	1
legislature	25259 pref label House of Commons
question text	What plans she has to enhance the UK’s trade deal with Mexico.
tabling member constituency	South Basildon and East Thurrock
tabling member printed	Stephen Metcalfe
uin	902818
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p>We have committed to start negotiations on a new upgraded trade deal with Mexico this year. Discussions will commence later in the year and will aim to secure even more benefits for British industries and go further in areas of mutual interest such as procurement, digital trade and service.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 15/07/2021 11:26:54 answering member 1526 label Biography information for Greg Hands
tabling member	4092 label Biography information for Stephen Metcalfe

1347094

registered interest
date	15/07/2021
answering body	Department for International Trade
answering dept id	202
answering dept short name	International Trade
answering dept sort name	International Trade
hansard heading	Trade Agreements: Australia
house id	1
legislature	25259 pref label House of Commons
question text	What recent assessment she has made of the potential benefits of the free trade deal with Australia for the East of England.
tabling member constituency	Watford
tabling member printed	Dean Russell
uin	902813
answer	answer is ministerial correction date of answer 15/07/2021 answer text <p><em></em>More than 1,600 East of England firms exported to Australia in 2020. A removal of tariffs on the East of England’s key exports to Australia in life sciences, clothing and motor industry can create more opportunities for businesses in the region.</p><p>Cutting red tape and aligning standards could also support growth in exports of life sciences.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 15/07/2021 11:25:16 answering member 1526 label Biography information for Greg Hands
tabling member	4812 label Biography information for Dean Russell

1347253

registered interest
date	15/07/2021
answering body	Foreign, Commonwealth and Development Office
answering dept id	208
answering dept short name	Foreign, Commonwealth and Development Office
answering dept sort name	Foreign, Commonwealth and Development Office
hansard heading	Developing Countries: Remittances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the UK is on target to reach UN Sustainable Development Goal 10C of reducing the transaction costs of migrant remittances to less than 3 per cent by 2030.
tabling member constituency	Oxford West and Abingdon
tabling member printed	Layla Moran
uin	34028
answer	answer is ministerial correction date of answer 23/07/2021 answer text <p>According to the World Bank's data on remittances, the cost of sending £150 and £360 from the UK was 6.44% and 4.69% in Q1 2021. Transfer costs vary considerably depending on the recipient country and payment instrument. For example, the cost of sending £120 from the UK by debit/credit card was about half (4.88%) of the cost of using cash (9.54%) in 2020.</p><p>Significant barriers to reduce the transaction costs of sending remittances from the UK to reach the SDG target remain which is why we look to address these barriers collaboratively across-government and internationally to address the constraints in the UK and in recipient countries.</p> answering member constituency Selby and Ainsty answering member printed Nigel Adams question first answered 23/07/2021 11:52:25 answering member 4057 label Biography information for Nigel Adams
tabling member	4656 label Biography information for Layla Moran

1347254

registered interest
date	15/07/2021
answering body	Foreign, Commonwealth and Development Office
answering dept id	208
answering dept short name	Foreign, Commonwealth and Development Office
answering dept sort name	Foreign, Commonwealth and Development Office
hansard heading	Developing Countries: Remittances
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment his Department has made of the potential merits of reducing international remittance costs to support developing countries.
tabling member constituency	Oxford West and Abingdon
tabling member printed	Layla Moran
uin	34029
answer	answer is ministerial correction date of answer 23/07/2021 answer text <p>According to the World Bank, cutting the cost of sending remittances by 5 percent could save senders and receivers up to $16 billion a year. These are potential savings that can augment the benefits of remittances to households and recipient countries. For households, it can be used to supplement their income, financial inclusivity, education, health, and investments. At macro level, remittances can increase the volume of capital flowing to low- and middle- income countries, improve their credit worthiness and increase their liquidity.</p> answering member constituency Selby and Ainsty answering member printed Nigel Adams question first answered 23/07/2021 13:11:45 answering member 4057 label Biography information for Nigel Adams
tabling member	4656 label Biography information for Layla Moran