Results 1–20 of 553 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Mark Garnier

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: The Secretary of State for Exiting the European Union will be leading negotiations on our trade relationship with the EU, aimed at the greatest possible tariff and barrier-free trade with our European neighbours, including for the automotive sector. The UK will also be able to negotiate our own trade agreements around the world, and it is a high priority that we achieve the best possible...

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: I know the hon. Gentleman stands up for those constituents of his who work at the Toyota plant, but we need to look more carefully at what Toyota is doing. It has made a £240 million investment in the Burnaston factory, in order to make a commitment to the UK after Brexit, and that has been supported by a further £21.5 million from the Government, who are also committed to the...

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: My hon. Friend is right. We are absolutely committed to a tariff and barrier-free relationship with the European Union in the future. It is worth remembering that the European Union exports twice as many cars to Britain as we export to the EU. It is in all our interests—it is in the interests of all the workers in the European Union—for us to achieve a successful and fruitful outcome.

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: The hon. Gentleman is absolutely right. One of the characteristics of the UK car industry over the last few years is the fact that UK components of the supply chain now represent 42%, up from 38%. We have a great opportunity in the whole European Union automotive sector, and our Department is working incredibly hard to ensure that we take advantage of it.

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: My hon. Friend, too, is absolutely right. I travel the world—as, indeed, do all our Ministers—and meet representatives of businesses in countries around the world who see the huge value that this country has, and the great British brand that the Department is representing and selling abroad. What we have to offer is fantastic, and I am an unashamed patriot when it comes to our...

International Trade: Car Exports (12 Oct 2017)

Mark Garnier: The right hon. Gentleman knows full well that, under state aid rules which apply not only to the European Union but to the World Trade Organisation, the Government cannot give subsidies to businesses to create unfair competition against other countries. However, as I said in an earlier answer, the Government have supported Toyota with a £21 million investment. Any support that is given...

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: The Department supports foreign investment in all parts of the United Kingdom through our overseas network, international events programme, bespoke sector support, online services and regional teams. We serve the whole of the UK by working closely with investment promotion bodies in the devolved Administrations and local enterprise partnerships in England to co-operate effectively across a...

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: My hon. Friend is absolutely right. We have seen some truly amazing numbers coming in. Britain has a record number of inward investment projects, and it is worth bearing in mind the fact that 158,000 jobs have been created and a further 66,000 safeguarded over the past year or so as a result of foreign direct investment.

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: Yes, what about all those voters throughout the UK, 52% of whom voted for Brexit? I was a remainer, but we have to uphold the fundamental principle of democracy in this country, and it is the job of all of us in the Government to do our level best to embrace the opportunities—the optimistic opportunities—that Brexit presents.

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: It was a great pleasure to visit Muntons in my hon. Friend’s constituency. Her constituency produces a huge number of ingredients that go into Scottish whisky, beer and any number of fantastic products across the country. It is absolutely right that in addressing the question of regulations going forward into a post-Brexit era we in this country maintain our incredibly high standards of...

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: The leader of the Liberal Democrats raises a very important point in respect of looking at the statistics. He is absolutely right that fresh investment that comes into this country that creates and safeguards jobs must be disaggregated from, say, stock market transactions, where there is a significant investment in that type of thing. We are looking very carefully at how to disaggregate these...

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: Indeed. I have visited Israel; we do a lot of trade with it, and the investment it is making in this country is very welcome. Importantly, since the Brexit vote a huge number of investment projects are coming to the UK, which is creating new jobs. Doom mongers like me who during the referendum were part of the “Project Fear” campaign have been proved wrong, and it is important...

International Trade: Foreign Direct Investment (12 Oct 2017)

Mark Garnier: I would refer the hon. Gentleman to the fact that we now have record numbers of people in work, record employment and record low unemployment. None the less, he raises an important point on the relationship between this Department and the Department for Business, Energy and Industrial Strategy. It is absolutely the case that in creating a pitch book for the UK, we must offer a number of...

Foreign Direct Investment 2016-17 — [James Gray in the Chair] (12 Sep 2017)

Mark Garnier: I thank my hon. Friend the Member for Mid Dorset and North Poole (Michael Tomlinson) for securing the debate. It is encouraging to see him coming along, and he has been supportive of the work of the Department for International Trade since he became a Member of Parliament. The Prime Minister has been absolutely clear about this Government’s ambition to build a global Britain, which is...

Foreign Direct Investment 2016-17 — [James Gray in the Chair] (12 Sep 2017)

Mark Garnier: Indeed, lower. A really important point is that businesses look not necessarily at absolute numbers, but at the direction of travel. One of the things behind businesses coming to this country is the fact that the direction of travel for businesses taxes—which, frankly, raise only about 8% of total taxation—is downward. That creates a greater opportunity for business. If businesses...

Foreign Direct Investment 2016-17 — [James Gray in the Chair] (12 Sep 2017)

Mark Garnier: The hon. Gentleman is right that taxation is not simply about the headline corporation tax rate. It includes, of course, business rates, and businesses that operate factories do not necessarily pay the higher business rates for retail spaces, which are calculated per square foot. It is also about national insurance and various other taxes, so we need to bring together a package. Taxing a...

Foreign Direct Investment 2016-17 — [James Gray in the Chair] (12 Sep 2017)

Mark Garnier: Absolutely. I met the chief executive of JLR and he shared those concerns with me. We have concerns—actually “concerns” is the wrong word. We are striving to have a Brexit that feels, in every commercial sense, exactly the way things are at the moment. It is worth bearing in mind that the history of trade negotiations has been one where we have started with a bad position...

Foreign Direct Investment 2016-17 — [James Gray in the Chair] (12 Sep 2017)

Mark Garnier: The hon. Lady is mixing up a couple of things. The Department for International Trade is doing trade deals, but not the one with the European Union; that is being done by the Department for Exiting the European Union, which does have the capacity to strike that trade deal. On the wider piece, we are currently having conversations with 15 countries where we are looking potentially to strike...

Exiting the European Union and Global Trade (6 Jul 2017)

Mark Garnier: He, like I.

International Trade: Businesses (Support) (6 Jul 2017)

Mark Garnier: The Department for International Trade provides market access, support and advice to UK business in the UK and in 109 markets overseas. Through the GREAT campaign, we build the global appetite for British goods and services, and give UK companies access to millions of pounds’ worth of potential business through the digital services offered on the GREAT.gov.uk digital platform.


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