Results 1–20 of 661 for speaker:Lord Grimstone of Boscobel

Upcoming Business – Lords: Grand Committee (10 Feb 2022)

Commercial Rent (Coronavirus) Bill – committee stage – Lord Grimstone of Boscobel. Legislation; 1:00 pm

Upcoming Business – Lords: Grand Committee (27 Jan 2022)

Commercial Rent (Coronavirus) Bill - debate before second reading – Lord Grimstone of Boscobel. Legislation; 1:00 pm

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, the waiver proposal of the World Trade Organization goes beyond patents and vaccines, encompassing most intellectual property on all Covid 19-related products and technologies, with no geographical or duration limits. While HM Government remain open to initiatives that help with vaccine production and distribution, there is no evidence that waiving intellectual property protections...

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, we are still learning about coronavirus and about how to respond effectively to its mutations. One thing that we do know is that continued innovation by companies such as Pfizer is required to enable scientists to continue to develop health products and technologies, including vaccines to help tackle the virus.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, I will certainly pass those comments on to my colleagues.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, it is absolutely right to say that challenges to vaccine equity lie with supply and manufacturing constraints, pressures on health systems to administer available vaccines, supply chain issues such as export restrictions and tariff barriers, and vaccine confidence. These are the matters that we should be concentrating on.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, intellectual property rights and their continued protection are the way to keep innovators innovating, creators creating and investors investing. That is what will lead to more research.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My noble friend makes a good point. It is interesting that, as reported in the Financial Times last week, Kate O’Brien, the WHO’s head of vaccines, said that the health body saw a “very positive outlook for supply” in 2022. But she cautioned that that was predicated on dose-sharing continuing, and manufacturers continuing to honour deals brokered under COVAX. This is the way forward.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, we have seen no evidence that intellectual property is a barrier to the production or supply of Covid-19 goods, including vaccines. We will continue to engage constructively in debates of the World Trade Organization on these matters, including the points that the noble Lord makes.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, I am really pleased to say that the UK has been a world leader in ensuring that developing countries can access vaccines, through our early support to the COVAX scheme and commitment to donate vaccines. To date, the UK has delivered more than 30 million doses to countries in need, and we will have donated 100 million by June 2022. I am very pleased to say that 80% of those donations...

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, the UK remains open to all initiatives that will have a demonstrable impact on vaccine production and distribution, and we will continue to engage constructively in discussions at the WTO to that end and bring forward our own proposals as necessary.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, I am afraid that there is no evidence at all that an IP rights waiver of the kind that the noble Lord suggests would help us to meet his objectives. The reality is that a proposal for a TRIPS waiver would break up the very framework that helped to produce Covid-19 vaccines at an unprecedented pace. That is the key point.

Vaccine Patents Waiver - Question (24 Jan 2022)

Lord Grimstone of Boscobel: My Lords, the noble Lord is right to put that example before the House, and I shall make sure that I have a look at it and see whether we can follow it up.

Written Answers — Department for International Trade: Cotton: China (24 Jan 2022)

Lord Grimstone of Boscobel: HM Government have serious concerns about the human rights situation in Xinjiang. We advise all businesses with Xinjiang supply chain links to conduct appropriate due diligence to satisfy themselves that their activities do not support any violations or abuses. We have committed to introduce financial penalties for non-compliance with section 54 of the Modern Slavery Act, which asks large...

Written Answers — Department for International Trade: Trade Agreements: Australia (17 Jan 2022)

Lord Grimstone of Boscobel: We recognise the importance of the involvement and monitoring of labour-related issues by UK stakeholders on this agreement. That is why this deal establishes a committee for cooperation, and UK stakeholders will have the opportunity for consultation and active engagement. The provisions agreed allow for businesses and other labour organisations to support the effective implementation of...

Written Answers — Department for International Trade: Economic Growth and Trade: Balkans (4 Jan 2022)

Lord Grimstone of Boscobel: The Government has signed Trade, Partnership and Cooperation Agreements with Serbia, North Macedonia, Kosovo and Albania, supporting jobs and economic growth, allowing us to build on our trade and investment relationships. UK Export Finance is also an important part of our offer to the region, providing competitive financing for large infrastructure projects. With Bosnia and Herzegovina, we...

Written Answers — Department for International Trade: Loans: Ukraine (30 Dec 2021)

Lord Grimstone of Boscobel: As part of a cross-Whitehall effort to support the £1.7bn Ukraine Naval capabilities Enhancement programme (UNCEP), UK Export Finance (UKEF) has committed to provide a £750m direct government-to-government loan, as well as guarantees to support lending for the remainder of the financing. UKEF is open for cover in Ukraine and as is the case for all transactions, will charge a fee for the...

Written Answers — Department for International Trade: Trade Fairs: Finance (30 Dec 2021)

Lord Grimstone of Boscobel: Existing support for attending trade shows is available via the European Regional Development Fund supported £38m Internationalisation Fund, which provides co-investment to small and medium-sized enterprises to internationalise. HM Government extended support on 30 November 2021, by launching the UK Tradeshow Programme. The scheme builds business capability to maximise benefits from...

Written Answers — Department for International Trade: Trade Agreements (30 Dec 2021)

Lord Grimstone of Boscobel: The Government has an ambitious programme of Free Trade Agreement (FTA) negotiations. When delivering any programme, but particularly one of such scope and ambition as our FTA programme, resource will always be a constraint. To achieve the best outcomes for the UK, we manage the delivery of our work to ensure that we use our finite resource in the right way. This has allowed the Department...

Written Answers — Department for International Trade: Economic Partnership Agreements: Commonwealth (30 Dec 2021)

Lord Grimstone of Boscobel: We are committed to working with our friends and allies in the Commonwealth to remove unnecessary barriers to free and fair trade. The UK already has trade deals with 33 Commonwealth members. In addition, a further 15 Commonwealth members who qualify as developing countries benefit from reduced tariffs under the Generalised Scheme of Preferences.


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