Results 1–20 of 2000 for (in the 'Commons debates' OR in the 'Westminster Hall debates' OR in the 'Lords debates' OR in the 'Northern Ireland Assembly debates') speaker:Elizabeth Truss

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: I am a big supporter of the WTO, but it does need reform. When the UK takes up its independent seat at the WTO for the first time in many years, we will strongly be backing the rules-based multilateral trading system and making the case for reform.

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: When I was at the WTO in Geneva last week, I met David Walker, who is currently leading work to resolve the appellate body crisis. I have given him my full support in that work. It will require movement on behalf of the EU and the US to find a solution to this crisis, but it is vital that we fix this in order to keep the WTO going.

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: My hon. Friend is right that the rules- based order is very important. Last week we got the support of all the Trade Ministers of the Commonwealth, who represent a third of the world’s population, to make the case for an immediate resolution to the WTO appellate body crisis and for a rules-based order. As she says, it is particularly important for the smaller countries that do not have the...

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: The WTO needs to reform to reflect trade in the 21st century. It needs to become more transparent. We also need to deal with issues such as state-owned enterprises, forced technology transfer and intellectual property, ensuring that these matters are resolved within the WTO. But we also need an appellate body system that works for all WTO members, which is why I am supporting David Walker...

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: My hon. Friend is absolutely right. Since the repeal of the corn laws, the UK has stood up for free trade. We were one of the founding members of the general agreement on tariffs and trade in 1947. There is a huge opportunity for us as we leave the EU to retake our independent seat, to make the case for free trade and to be prepared to stand up for the values that we believe in as a country.

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: Well, I can tell the hon. Gentleman that I am going to be in Yorkshire next Friday, visiting and talking to exporting businesses such as Bettys of Harrogate and Burberry in Leeds. If he wants to extend an invitation to me to visit an exporting business in Huddersfield, he should get on with it.

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: Absolutely. One of the great benefits of trade is the prosperity it can bring to some of the poorest countries in the world. Part of our no-deal tariff schedule is about ensuring that those countries are supported, but we will have a huge opportunity to open up more trade once we leave the EU. At the Commonwealth Trade Ministers meeting, we talked about just that.

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: One of the groups we are working very closely with is our Commonwealth partners. We are developing a Commonwealth caucus at the WTO that represents a third of the world’s population and has a very strong stake in making sure that the WTO works for small states, in particular. Of course we will work with the EU and of course we will work with the US when it is in our mutual interests, but...

International Trade: WTO Reform (17 Oct 2019)

Elizabeth Truss: The UK was a founder member of GATT, which then became the WTO. As the hon. Gentleman knows, by his definition we would only have been in the EU since 1993, because previously we were in the European Community, as I am sure he has said. Of course we will work through the issues on the goods schedules at the WTO, and we are doing precisely that at Geneva. Those schedules are all ready to go in...

International Trade: Scotch Whisky Tariffs (17 Oct 2019)

Elizabeth Truss: We are extremely disappointed that the US has decided to levy tariffs, including on the Scotch whisky industry. I have urged my US counterpart to rethink this, and the Prime Minister has also raised the issue with President Trump.

International Trade: Scotch Whisky Tariffs (17 Oct 2019)

Elizabeth Truss: I have been raising this issue with my US counterpart since July, when I first met Bob Lighthizer. I have also raised it with Commerce Secretary Wilbur Ross. I have made it clear to the Americans that it is not helpful in terms of our relationship with them to see these tariffs placed on such an iconic industry, among other industries in the UK.

International Trade: Scotch Whisky Tariffs (17 Oct 2019)

Elizabeth Truss: When we leave the EU, the UK will be responsible for its own tariff policy. At this point we are part of the EU and those overall discussions on tariffs, so we cannot make that type of statement. The point I have been making to the US is that this will not help our relationship. We are also being threatened with £1.2 billion of car tariffs, which could hit the UK on 14 November, and I have...

International Trade: Scotch Whisky Tariffs (17 Oct 2019)

Elizabeth Truss: My understanding is that the Republic of Ireland has been hit with tariffs on other products. These retaliatory tariffs following the Airbus dispute have been levied on a number of European countries. The point I have been making to the Americans is that the UK has complied with the WTO ruling. We are not in breach of that ruling any more, and we have met all the compliance stats.

International Trade: Scotch Whisky Tariffs (17 Oct 2019)

Elizabeth Truss: I am aware of the fantastic whisky distilleries—in fact, I visited Macallan with my hon. Friend very recently—and they are an incredibly important part of the Scottish economy, but also an iconic brand for the UK. I am hosting a roundtable with affected industries this afternoon, and the Chancellor is currently over in the US speaking to his counterpart as well. We are putting as much...

International Trade: Welsh Exports (17 Oct 2019)

Elizabeth Truss: The best way to avoid potential tariff barriers is to support good free trade agreements with both the EU and the US. I hope the hon. Lady will support any deal the Government bring forward to make sure we can leave the EU with a deal.

International Trade: Welsh Exports (17 Oct 2019)

Elizabeth Truss: I know that very high-quality lamb is produced in the hon. Lady’s constituency. In fact, I have visited the Rhayader sheep market and seen it for myself. I can assure her that the Department for Environment, Food and Rural Affairs is working with the Treasury to make sure there is support for lamb farmers in the eventuality of potential issues. However, we also need to open up more markets...

International Trade: Topical Questions (17 Oct 2019)

Elizabeth Truss: I am delighted to have been appointed as Trade Secretary at this vital time in our nation’s history. For the first time in 46 years, we will have an independent trade policy and be able to set our rules and regulations, which means that we will be able to strike deals with likeminded countries such as the United States, Japan, Australia and New Zealand. We will also be able to take up our...

International Trade: Topical Questions (17 Oct 2019)

Elizabeth Truss: I am a great believer that free trade and free enterprise help us to achieve our environmental goals through better technology, more innovation and more ingenuity. The Minister of State, my right hon. Friend the Member for Bournemouth West (Conor Burns), recently visited Brazil and discussed those precise issues with its Trade Minister.

International Trade: Topical Questions (17 Oct 2019)

Elizabeth Truss: I thank the hon. Gentleman for his question and I will look into that issue.

International Trade: Topical Questions (17 Oct 2019)

Elizabeth Truss: I can assure the hon. Gentleman that an incredible amount of work has been going on across Government to make sure that we are fully prepared for all scenarios. The Chancellor of the Duchy of Lancaster has been holding daily meetings—there have been 60 so far—and we are performing well, particularly on making sure that actions at the borders are in place.


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