Results 1–20 of 6645 for speaker:Liam Fox

Written Ministerial Statements — Department for International Trade: Prime Minister's Trade Envoys (23 Jan 2018)

Liam Fox: The Prime Minister has approved two new appointments to the Trade Envoy programme. Ranil Jayawardena MP has been appointed as the Trade Envoy for Sri Lanka and Julian Knight MP, as the Trade Envoy for Mongolia. These new Trade Envoys take the total number to 30 parliamentarians covering 59 markets. The Trade Envoy programme is an unpaid and voluntary cross-party network, who support the...

International Trade: Trans-Pacific Partnership (11 Jan 2018)

Liam Fox: First, I warmly welcome my hon. Friend the Member for Beverley and Holderness (Graham Stuart) to my ministerial team, where he will serve as the Minister for investment. I also pay tribute to the fantastic job that his predecessor, my hon. Friend the Member for Wyre Forest (Mark Garnier), did over the course of his time in the Department. It is right that the Government prepare for all...

International Trade: Trans-Pacific Partnership (11 Jan 2018)

Liam Fox: These are not mutually exclusive. We want an open and comprehensive trading agreement with the European Union because it is an important part of our trade. However, TPP trade is already 14% of GDP—it would be 40% were the US to rejoin—and, as the International Monetary Fund has said, 90% of global growth in the next 10 to 15 years will occur outside Europe, where there will be...

International Trade: Trans-Pacific Partnership (11 Jan 2018)

Liam Fox: I have made it clear on a number of occasions, including in this House, that when it comes to future free trade agreements, Australia and New Zealand would be two of our top three priorities. If we are able, by another means, to achieve the sort of liberalisation in trade that we would all like to see, then that would be fine.

International Trade: Trans-Pacific Partnership (11 Jan 2018)

Liam Fox: As usual, I do not accept the premise of any part of the hon. Gentleman’s question. I do not believe that we will necessarily lose our share of the market. We want to maintain an open agreement with the European Union, and it will want to maintain an open agreement with us, because we are the fifth biggest economy in the world and a major trading partner for it. Of course, this...

International Trade: Trans-Pacific Partnership (11 Jan 2018)

Liam Fox: I am in favour of trade liberalisation, whether it is bilateral, plurilateral or multilateral. If we can achieve openness in the global trading environment so that we can get global trading volumes up, that is of benefit not just to the United Kingdom but particularly to developing countries that should be able to trade their way out of poverty and not depend on aid.

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: As the Prime Minister set out in her Florence speech, the UK will seek a time-limited implementation period with the EU. We will prepare for our future independent trade policy by negotiating trade deals with third countries, which could come into force after the conclusion of the implementation period. To that end, we have already established a series of 14 working groups and high-level...

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: The Government are indeed committed to ensuring continuity of the 40 or so EU free trade agreements after we leave the European Union, and that is why we introduced the relevant legislation this week. I am, however, rather disappointed that the right hon. Gentleman and his party saw fit to vote against that legislation, and deny British business that confidence.

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: Our clear aim is to achieve continuity and stability. We want the agreements that we have already as part of the EU to be delivered safely and securely into UK law, and that is the point of the Trade Bill.

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: That is absolutely correct; we aim to keep the transitional arrangements as close as possible to the condition they are in today, given that we have some minor changes to make, for example in the disaggregation of tariff-rate quotas.

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: May I add my congratulations to my hon. Friend on his well-deserved recognition of the service that he has given to this House and his constituency? We have four working groups with the United States on continuity, short-term outcomes, the potential scoping of a future free-trade agreement, and working with the US at the World Trade Organisation. I am content that we are making progress on...

International Trade: Trade Deals: Non-EU Countries (11 Jan 2018)

Liam Fox: The hon. Gentleman is right, and when I am having those discussions I often describe corruption as a supply-side constraint in many of those economies. If we are able to get trade agreements and good legal agreements, and if we make transparency a key element of that, we will be contributing to success on both sides.

International Trade: Regulatory Alignment with the EU (11 Jan 2018)

Liam Fox: As we leave the EU, the Government’s objective remains to maximise overall trading opportunities for the whole of the United Kingdom. As the Prime Minister has made clear—including at the time of the joint declaration of 8 December—we will be seeking a deep and special partnership with the EU, but at the same time looking to forge new and ambitious trade relationships with...

International Trade: Regulatory Alignment with the EU (11 Jan 2018)

Liam Fox: We are intending to maintain consistency with the agreements that we already have. That is why we brought the trade legislation forward. We do not anticipate any change in that; we intend it to be the same as it is to date, to provide continuity for business.

International Trade: Regulatory Alignment with the EU (11 Jan 2018)

Liam Fox: We have made it very clear on numerous occasions that we do not intend there to be any diminution of standards in food safety, environmental standards or workers’ rights as we negotiate new trade agreements.

International Trade: Regulatory Alignment with the EU (11 Jan 2018)

Liam Fox: Alignment is about pursuing the same objectives; it is not the same as requiring regulatory harmonisation. We hope that our agreement with the Republic of Ireland is covered by a full and comprehensive agreement with the rest of the European Union.

International Trade: Regulatory Alignment with the EU (11 Jan 2018)

Liam Fox: Why not? Because when we leave the European Union we leave the single market and the customs union—it is not that complicated.

International Trade: Topical Questions (11 Jan 2018)

Liam Fox: Mr Speaker, you should see the length of the answers before we get to this stage. My Department is responsible for UK exports, investment and trade policy. As we begin 2018, the House should note that in 2017 we achieved an all-time record for foreign direct investment. Our exports are up by 14% and employment is at a record level. Yesterday we saw that venture capital coming into tech firms...

International Trade: Topical Questions (11 Jan 2018)

Liam Fox: That is rather to misunderstand the situation, because the EU itself has to trade under WTO rules and is not exempt from them. We look forward to having our independent seat on the WTO, of which we are a former member, so that we can have a greater say in global trading policy, because as a member of the European Union we have none.

International Trade: Topical Questions (11 Jan 2018)

Liam Fox: What a cheek, in the very week that Labour voted against our ability to impose any penalties whatsoever in future. The steel industry and steelworkers in this country were betrayed this week by Labour Members, who would leave them as sitting ducks for dumping and subsidy, such is their love for their new hard-left, anti-trade ideology.


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