Topical Questions

Part of International Trade – in the House of Commons on 6th June 2019.

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Photo of Barry Gardiner Barry Gardiner Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Secretary of State for International Trade

Today we remember with profound respect the importance of the multilateral alliance, and the sacrifices made 75 years ago today. Did the Secretary of State take the opportunity of the recent state visit involving those commemorations to express his dismay that UK companies might now fall foul of the Helms-Burton Act, which would subject British businesses and investors to unfair legal challenge in the United States simply because that country has a dispute with the people with whom our companies are doing business?

The extraterritorial jurisdiction that the US claims under the Act was declared unenforceable by the EU under a Council regulation which we have recently replicated in the UK, but does it not send a chill through the Secretary of State that by deciding to activate Title III, the US President is threatening companies based outside the US which are simply going about their legitimate business? Does that not make the Secretary of State question whether the great deal that President Trump says he is already discussing with the UK would be great for the UK, or just for the US?