UK-Japan Comprehensive Economic Partnership Agreement — House of Commons, 2020-11-25
Topic: Foreign Trade
Virginia Ann Crosbie (Conservative, Centre-right): It is always a pleasure to follow my hon. Friend the Member for Totnes (Anthony Mangnall), who is such an eloquent speaker As we stand on the precipice of 2020 and search for visions of 2021, many in this country are hopeful of a brighter future. Not only do we hope that 2021 will see a vaccine reignite the country’s economy, but we hope that our departure from the European Union will spark opportunities for businesses and return sovereignty to this great Chamber. One such opportunity is the ability to form new trade deals like the one we are discussing today. Economic opportunity has the potential not to just benefit a single business owner but to change the future of communities and generations In my constituency of Ynys Môn, economic opportunity has been lacking for decades. Underinvestment has seen our island’s GVA drop to one of the lowest in the UK, and only with significant effort can we turn this around. So far, the support from this Government has made it possible to save many jobs across Ynys Môn, and I know that the innovative Welsh people will continue to make best use of the opportunities made available to them The UK-Japan trade deal is set to build upon the 7.6% growth of UK exports to Japan that we saw last year. Welsh businesses contributed exported goods worth about £300 million to Japan. Particularly important for Anglesey is the reduction of tariffs on agricultural products. The green fields of Ynys Môn are home to some of the finest cattle and sheep in our United Kingdom, and our farmers are some of the most ambitious. Getting to know farmers from NFU Cymru and the Farmers Union of Wales has been a privilege. Seeing the hard work they carry out and the determination they have makes this trade deal even more significant. Peter Williams, a local sheep farmer and chairman of the Anglesey show, said today: "Japan offers new opportunities for farmers across the island." Last year, Welsh agricultural exports to Japan were worth £2 million, and now, with the reduction of tariffs, I am certain that we will see that accelerate. Families across Tokyo will be able to savour the same delicious Welsh lamb at the dinner table that is sold in Raymond’s the butchers next to my office in Holyhead. We also expect flagship products such as Welsh lamb and Halen Môn’s Anglesey sea salt to benefit from geographical indication protection in Japan as early as 2021. That will highlight the extraordinary dedication to quality that sets Welsh farmers apart from the rest of the world. The House should not just take my word for it; a business owner from Anglesey told me today: "We were delighted to see that the UK has negotiated its first trade deal with Japan. Japan is a brilliant country to work with and the trust between our two countries ensures that the export process is straightforward. We look forward to continuing the development of our relationship with our Japanese importer. Growth in Japanese trade will definitely help safeguard Anglesey jobs." This Government and I made a promise to the people of Ynys Môn at the last election. We promised that we would deliver the jobs and investment that they needed to see real change in their community. This trade deal is just one of the many approaches we are taking to fulfil that commitment, and I look forward to seeing how producers across Anglesey make the most of this new opportunity.