Global Britain — House of Commons, 2020-01-30
Topic: Mixed Topics
Theodora Roosevelt Clarke (Conservative, Centre-right): I want to speak in this debate on global Britain about what this means to our country’s commitment to achieving the 2030 global goals: the 17 sustainable development goals that leaders of the world came together and agreed at the United Nations in 2015. As I prepared my speech for the debate, I reflected on my previous work in the developing world, and I asked myself this simple question. When our developing country partners in Africa, in the Commonwealth or in global institutions such as the World Trade Organisation hear the phrase "global Britain", what does it mean to them and what do they hope to see from a global Britain in 2020 and over the next five years? I believe the answer to that question has three parts, but with shared prosperity through inclusive, sustainable economic growth as the common thread running through them all First, our partners in Africa hope most of all that global Britain means a new chapter in our economic partnership with the continent as we leave the European Union, deepening our ties and leveraging the potential for trade, investment, technology and aid-for-trade to transform economies and lift millions out of grinding poverty. With the Prime Minister’s leadership, 2020 has begun on the best possible note with the UK-Africa investment summit—the first of its kind—in London last week. I congratulate the Government on the success of the summit, which brought together Governments, businesses and international institutions and made it clear that Britain intends to be an open and collaborative partner to nations around the world Thanks to its rapidly growing population, Africa will be home to a quarter of the world’s consumers by 2050. That is exciting news for British businesses looking to connect with new customers and build strong export markets across the world. Locking into that export potential is a compelling opportunity for many up and down the UK, and is especially pertinent as we shape our own independent trade policy outside the EU. My right hon. Friend the International Development Secretary has previously remarked that Brexit means that Britain will be able to turbocharge relations with Africa. That is a statement I very much agree with. Our strengths, including our record as a leading source of private investment in Africa, mean that we will always be at the front of the queue to support the growth and development of that continent. That matters to my constituency, because we can create more local jobs by creating opportunities for local businesses to export to emerging markets. A good example in Stafford is JCB, which exports generators from its manufacturing plant in Hixon to numerous countries in Africa By bringing together British and African businesses, we can harness the huge potential of the continent. The UK has already signed trade agreements with 11 African countries, and the Government have said they are committed to making it easier for African and UK businesses to trade and invest. African countries currently receive less than 4% of global foreign direct investment, so I was pleased that the Government said that they are listening when African nations say they want mutually beneficial partnerships that move beyond aid and attract quality investment to drive green, sustainable growth and to create jobs. We must not only build on the African investment summit, but work with our African partners to develop a new economic partnership over the next decade To help us to define this new blueprint, earlier this month the Overseas Development Institute and the all-party parliamentary group on trade out of poverty, of which I am proud to be a vice-chair, tabled a proposal with my right hon. Friend the Member for Chelsea and Fulham (Greg Hands) for the Prime Minister to establish a joint UK-Africa prosperity commission. It should look at establishing the most pro-development trading arrangements possible between African countries and the African continental free trade area, which goes live in July, covers 54 countries, and will be the largest FTA in the world, with a market of over 1 billion people We should also achieve our target of becoming the largest investor in Africa and improve the investment climate and infrastructure for doing business and trade in Africa for businesses large and small. We should also scale up our "aid for trade", making sure that we have impact at scale and pace through by the footprint of UK-backed initiatives, such as TradeMark East Africa, across the continent. Such initiatives have already shown that they can deliver benefits nearly three times greater than just cutting tariffs on trade between African countries in initiatives like as the African continental free trade area. The proposal for a joint UK-Africa prosperity commission has great merit and deserves the most serious and urgent consideration by the Government. What could be a better way to make global Britain a reality for Africa Next, our partners in the Commonwealth, who will gather in Rwanda in five months’ time for the Heads of Government meeting, hope that global Britain means the UK will continue to rejuvenate the Commonwealth and remain a force for good in the global economy that began at the London summit in April 2018. In London, the 53 Commonwealth Heads of State took the historic step of launching the new Commonwealth connectivity agenda to realise the huge potential of the Commonwealth for expanding trade and investment, particularly for the many developing country members in Africa, Asia, the Caribbean, and the Pacific Global Britain should present an opportunity at the Commonwealth summit in Rwanda to redouble our commitment to delivering ambitious results for the connectivity agenda in areas where the Commonwealth has the greatest potential. That could include boosting digital economic connectivity and electronic commerce, making trade in goods easier and faster by streamlining red tape and harmonising standards, ensuring that we leverage the diaspora as an engine for investment across the Commonwealth, and empowering women through trade such as scaling up the Commonwealth SheTrades initiative Finally, our partners in the World Trade Organisation, who will also gather in June this year for the 12th ministerial conference in Kazakhstan, also hold special hopes for global Britain as the UK becomes an independent member of the WTO. The WTO is a central pillar of the global economy and a rules-based trading system on which the prosperity of developing countries depends most of all. The UK has a key role to play in the WTO as a champion of an open, rules-based system that works for everyone and leaves no one behind At the 12th ministerial conference, the UK, as global Britain, should lead on building consensus and agreement in the organisation for new rules to discipline those who overfish to further protect the world’s oceans and blue economy; to expand the WTO’s work on e-commerce, investment and small and medium-sized enterprises, with particular attention to the needs of developing countries; for detailed reporting on implementation of the women and trade declaration made at the last ministerial conference in Buenos Aires in 2017; and for a proper action plan for the next two years. This is not just a new year but a new decade, and there is no better time to consider emerging opportunities for Britain. Our exit from the European Union is a chance for us to reassess our standing in the world and to renew our relationship with neighbours, near and far. The Government must continue to make it clear that we want closer trading partnerships with the Commonwealth and with African nations, and the UK must continue to ensure these countries get the investment they want. As we chart a new course for our country, investing in the economic power of Africa’s burgeoning and youthful economies will play a vital role in the success of global Britain.