Today I was present at Oral Questions to the Secretary of State for International Trade, holding Liam Fox to account on the government’s priorities in trade negotiations. See below for the text of my contribution or watch the video at the bottom of this page.
Thangam Debbonaire: The 21st Century offers us an opportunity to build on our pride and identity as a nation which promotes human rights, workers’ rights, and environmental protection, all part of fair trade principles. How will the government build on this part of our national identity in trade negotiations?
Liam Fox: We are already playing a full part in that. Britain played a major role in the WTO’s arrangement which is going to come into effect in just a short time, the Trade Faciliation Agreement. That is going to be worth about £70bn to the global economy, and for some of the poorest countries – such as in Sub-Saharan Africa – that will be worth about £10bn. We made a major contribution to that and should be very proud of it.