Results 1–20 of 4265 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Liam Fox

International Trade: Trade Co-operation: UK and Israel (13 Sep 2018)

Liam Fox: The UK and Israel have an important trading relationship in information and agricultural technology, which we are strengthening through our dedicated trade promotion team at our embassy in Tel Aviv. We have established a UK-Israel tech hub, which helps to create partnerships between British companies and innovative Israeli technology businesses. This is part of our confident, outward-looking...

International Trade: Trade Co-operation: UK and Israel (13 Sep 2018)

Liam Fox: My hon. Friend is right. Our trade with Israel currently stands at £3.9 billion in goods and services, with our exports up 7% in the past year. The Prime Minister met the Israeli Prime Minister in February 2017 to set up the joint trade working group, and I would like to thank the Israeli Government for their close liaison. We are dedicated to the continuity of trade and, once we leave...

International Trade: Trade Co-operation: UK and Israel (13 Sep 2018)

Liam Fox: Thank you, Mr Speaker; I was wondering whether there was going to be even a tentative link to the question. The tech hub is there to help British businesses to get access to the innovations that come out of Israel across a range of sectors. It is worth pointing out that Israel is an extraordinarily innovative country and has more start-ups per capita than any other country on the planet....

International Trade: Trade Co-operation: UK and Israel (13 Sep 2018)

Liam Fox: As I have already said, the key to that is the UK-Israel tech hub. This relates not only to the area of computers, which my hon. Friend has mentioned, but to FinTech, cyber-security, biomed, retail technology and the creative industries. These are all prime areas for co-operation between the United Kingdom and Israel, and we should celebrate that relationship and the benefits that it brings...

International Trade: Trade Co-operation: UK and Israel (13 Sep 2018)

Liam Fox: Our trade relationship with Israel is clearly set out in the agreement that the European Union has with Israel, and that is the agreement that we will roll over as we leave the EU. We will want to have a further ambitious trading agreement. We believe that the extension of trade in Israel and in the wider region contributes to not only the prosperity but the political stability and security...

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: I would like to thank my noble Friend Baroness Fairhead for all her hard work in driving forward the launch of the Government’s export strategy, in her role as Minister for Trade and Export Promotion. We launched the Government’s export strategy on 21 August. The strategy has four pillars—encourage, inform, connect and finance. Our ambition is simple: it is for the UK to be...

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: My hon. Friend, who is a very strong advocate for those sectors, makes a good point. They are strong export sectors for the UK, and the Government’s export strategy will build on their success, further encouraging and assisting companies to export. We will do so by providing more information and connections to overseas markets, supporting companies at overseas events and providing...

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: My hon. Friend, as usual, makes a telling point. I congratulate businesses up and down the country who export their goods and services overseas, but our survey suggests that some 20% of companies could be exporting at the present time but do not. That is around 400,000 companies whose export potential is not being fully realised. My message to those who could export but do not is to look at...

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: What the Government are doing is to try to ensure that we get a good deal with the European Union—a free, open, comprehensive trade deal that enables our businesses to continue to trade with the substantial market that is the European Union.

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: That is a very useful point. Members of the House who have used the export hub and had the export hub visit their constituency have seen the benefits of the very practical help that can be given to small businesses. We have been encouraging UK Export Finance to help more small and medium-sized enterprises trade. We have put UK Export Finance experts in the field, so that they may better...

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: We already have a footprint, but it is very clear, emphasising the point that my hon. Friend correctly makes, that it is a reserved matter, so it is the duty of the Government to ensure that all UK citizens, in whatever part of the kingdom they reside, have the same access to help when it comes to trade; and that is what the Department for International Trade provides.

International Trade: Export Strategy (13 Sep 2018)

Liam Fox: We spend a great deal of time doing so, and in fact I was deeply encouraged by the welcome that we received for the export strategy from the FSB, the chambers, the Institute of Directors and the Confederation of British Industry, who do not share the Labour party’s anti-trade, anti-capitalist, anti-wealth agenda. The Labour party increasingly seems to see the model it prefers for...

International Trade: Trans-Pacific Partnership (13 Sep 2018)

Liam Fox: We are preparing ourselves to be able to take a decision on potential CPTPP accession in the light of the ongoing public consultation and the process of accession for new members being established. We are also undertaking further work to understand the opportunities that CPTPP presents, including by engaging with existing members.

International Trade: Trans-Pacific Partnership (13 Sep 2018)

Liam Fox: The CPTPP states currently account for more than 13% of global GDP—they comprise a combined GDP of around $11 trillion. Their economies are projected to grow to more than $14 trillion by 2023. It is self-evident that if Britain is able to take advantage of growing markets, a country that has a much more ambitious export strategy can benefit hugely. Malaysia will be able to take...

International Trade: Trans-Pacific Partnership (13 Sep 2018)

Liam Fox: The work of the Board of Trade is primarily about supporting exports and investment. The board itself does not have a role in trade policy, but the Department is fully co-ordinated with partners across the CPTPP and ready to discuss with them the great potential that exists for the United Kingdom. We should want to extend our trading horizons as we leave the European Union. We need to raise...

International Trade: Topical Questions (13 Sep 2018)

Liam Fox: My Department has responsibility for exports, inward and outward investment, and trade policy. I am delighted to announce that on my recent visit to China, I received approval from the Chinese Government to ease restrictions on the import of UK dairy products. That will be worth a quarter of a billion pounds over the next year and will be of particular benefit to Northern Ireland. I...

International Trade: Topical Questions (13 Sep 2018)

Liam Fox: As the hon. Gentleman knows, the Government have already published a number of papers in preparation for no deal. I have just left a Cabinet meeting, to which I shall return later, at which we are looking into that very subject. The best thing that we can do is to get an effective comprehensive trade agreement with the European Union so that all the countries of Europe—the EU27 and the...

International Trade: Topical Questions (13 Sep 2018)

Liam Fox: I have had conversations with a number of my trade colleagues from Japan, Mexico and Canada all ahead of the G20 meeting. That is a very good opportunity for us to recommit ourselves to the concept and practice of free and open trade and the rules-based system based on the WTO in Geneva. We should be pointing out that protectionism has never ended well, and that the benefits that we have...

International Trade: Topical Questions (13 Sep 2018)

Liam Fox: As I have already pointed out, it is advantageous for us to have an open, liberal comprehensive trading deal with the European Union, but it is also important that we open up trading opportunities elsewhere, which was why I found it utterly depressing that the Labour party voted yesterday against the EU’s free trade agreement with Singapore, which is a chance generally to open up ...

International Trade: Topical Questions (13 Sep 2018)

Liam Fox: At a general level, joining up across Government and working with local partners to help businesses to overcome trade barriers is a key principle in the Government’s export strategy. I am encouraged that joint working between the Torbay Development Agency and my Department will allow ARC Marine to visit the wind summit in Hamburg in September. That is another good example of how...


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