UK–Commonwealth Trading Relationship — House of Lords, 2021-07-08
Topic: Foreign Trade
Jenny Chapman (Labour, Centre-left): My Lords, it is a pleasure to take part in this debate. I am grateful to the noble Lord for his welcoming me to the Front Bench; it is most gracious of him and is appreciated. His passion for the Commonwealth can be felt on this side of the Chamber and is to be respected and applauded This debate is an excellent opportunity to consider the complex challenges and multiple opportunities that we now face as a country in forming our own independent trading policy in the post-Brexit era. We have the chance to apply our own priorities and strike our own trade deals with our Commonwealth cousins. We therefore have a responsibility to make sure that those priorities reflect our values. Closer trade allows us to strengthen our modern relationships with those nations to which we are tied by history, common traditions and the shared sacrifice of two world wars Of course, when we contemplate preferential trade deals with our Commonwealth cousins, the exact same questions arise that we must answer for every other potential trade partner around the world. Labour will never agree a trade deal that is not in the interests of British industries’ workers or our NHS, but we have to ask ourselves some important questions. For instance, are we willing to give trade deals to countries that attack the human rights of their people, allow the exploitation of their workers and deny their citizens essential democratic and personal freedoms? Are we willing to give trade deals to countries whose export trade actively relies on deforestation and other practices that make it harder for us to achieve our own global climate goals? Are we willing to give trade deals to countries that allow farming practices that are illegal in the UK and whose agricultural corporations will therefore be able to undercut our domestic producers? The Government have yet to make clear where they stand in response to all these important questions I would like to use this opportunity to address the most urgent issue facing our Commonwealth of nations, one in which the rules and systems of trade play a vital part: the global production and distribution of Covid vaccine. As of 30 June, eight of the 54 Commonwealth countries had vaccinated more than half of their population with at least one dose, but at the other end of that list, 26 Commonwealth countries have vaccination rates below 7%. Of those 26 countries, 15 have full trade agreements in place with the UK, so it is not tariff barriers that are stopping those countries vaccinating their people—it is a lack of healthcare systems, money and, most fundamental of all, vaccines As noble Lords will know, the Labour Party has set out a comprehensive plan to address the global shortage in vaccine supplies, which must start with an agreement on the sharing of vaccine patents. But we also need a global plan to build, equip and supply production facilities in key locations all over the world, and a bespoke international trade treaty to manage the supply of raw materials and medical equipment to ensure the safe, efficient and equitable distribution of vaccine and to prevent the practice of hoarding and vaccine nationalism. We need that as a matter of urgency, before more mass outbreaks occur in the poorest countries and before new variants emerge to threaten the effectiveness of the vaccine we have.