Tag Archives: trade

Tim Farron on the “historic betrayal” of British farmers by Australia trade deal

Tim Farron slates the proposed trade deal with Australia in an article in The House:

So often we see Conservative MPs and ministers take to social media to tell us how much they love British farming and how they think it’s the best in the world.

But their plans for a free trade deal with Australia show that when push comes to shove they seem to have no problem whatsoever with throwing British farmers under a bus.

As a liberal I am firm believer in free trade – but only as long as it’s fair trade.

Australian animal welfare standards are lower than the UK’s which makes for lower production costs and cheaper produce. Therefore, the only way that small British family farms could compete would be to lower their own standards – which nobody except the government wants them to do.

A trade deal on these terms would be a historic betrayal of British farming and will set a dangerous precedent. If Australian farmers are given the green light to undercut British farmers then surely it’s inevitable that the government will allow Canadian, New Zealand and American farmers to do the same.

And not only is the Government betraying farmers, but going against the public’s wishes too:

A survey from the consumer watchdog Which? found that 94% of people think it’s important to maintain existing food standards, while 81% were uncomfortable eating beef reared using growth hormones – a practice which is widespread in Australian farming.

So why is the Government doing this?

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Boris’s Brexit Deal – Dragging Business Backwards

The Liberal Democrats are committed to the inter-connectedness and prosperity of all peoples across our United Kingdom, which is why we were shocked and dismayed when a local businessperson contacted us to share their new experience of post-Brexit trading.

Not one of the fishing companies that seem to have stolen all the recent headlines, nor a company trying to send parcels to France or Italy. This is a company that only sells in the United Kingdom.

So what’s the problem?

Well, for over four decades this company has expanded throughout the United Kingdom. Since Brexit was implemented on 1st January, they have been hit with massive extra costs which will impact negatively on their customers.

But it’s the United Kingdom?

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Layla Moran writes… Liberal Democrats stand with others today to oppose trade deals with countries committing genocide

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The UK should not sign trade deals with countries committing genocide.

A statement I hope we can all agree on. Unfortunately, the Government seems to disagree. They’re refusing to accept cross-party amendments to the Trade Bill that would put human rights at the heart of our trade policy.

This is particularly important because of what is happening to the Uyghur people in Xinjiang and across China. The Foreign Secretary last week described the mounting evidence to the Commons:

Internment camps, arbitrary detention, political re-education, forced labour, torture and forced sterilisation—all on an industrial scale.

And yet he refused to call it genocide. As I told Autumn Conference in September, and following Alistair Carmichael as the first MP to raise the plight of the Uyghurs, it is increasingly clear that that is exactly what this is.

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Lib Dems to vote against Boris Johnson’s “threadbare” EU trade deal

Ed Davey has announced tonight, in news that will surprise few people, that the Liberal Democrats will be opposing Boris Johnson’s Brexit trade deal because it fails to deliver on the promises the Brexiteers made to the electorate and it makes the country so much worse off.

It’s not about tariffs. The whole point of being in the single market was not to have to bother with bureaucracy and red tape. Businesses who have been watching these ads saying that things are changing on 1st January (but we have no idea how) are going to find out for the first time in almost 30 years what a pain in the backside it is to have to fill in paperwork to trade with our closest neighbours.

We will no doubt be attacked for our stance as we will be told that the alternative is no deal and we’re against that. However this is going to to through tomorrow whether we like it or not given that most Tories and Labour MPs will vote for it. It is entirely consistent with our approach to Brexit.

There was a coherent case to be made for abstention on the grounds that it was at least better than no deal and it puts distance between us and the ultra nationalists both north and south of the border. Having said that, we’ve spent all my political life fighting off accusations of fence-sitting and being wishy-washy so do we really want to just sit on our hands? I’ve seen other people argue well that we should vote in favour, rather than abstain, for the same reason. However I think it is important that the Brexiteers are made to own this. When it all goes wrong, I don’t want them saying “but you voted for it.” We’ve come too far on our internationalist and open values to suddenly become shields for those who have taken us to this place.

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15 July 2019 – today’s press releases

  • Law Centre closures show legal aid cuts have gone too far
  • Lib Dems: Honouring Turing ‘a painful reminder’
  • US trade deal delay more evidence of Brexit false promises
  • Home Office accused of deliberately lying to deport slavery victims

Law Centre closures show legal aid cuts have gone too far

Liberal Democrat Justice Spokesperson Jonathan Marks QC has called on the Conservative Government to reverse £500 million of legal aid cuts, as new figures showing that the number of legal advice centres has halved since 2014.

The figures, reported by the Guardian today, show that the number of Law Centres in England and Wales has fallen …

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2-3 March 2019 – the weekend’s press releases

Welcome to the start of a new week here at Liberal Democrat Voice. Our Party press release coverage appears to be quite successful, but I find myself wondering if it might not be more useful first thing in the morning, rather than last thing at night, so here it is in the early morning slot. Do let us know what you think…

  • Cable: Corbyn must work with opposition leaders to secure a people’s vote
  • Fox must come clean on failure to secure trade deals
  • Moran: Govt must be more ambitious to end period poverty
  • Corbyn must confirm people’s vote support

Cable: Corbyn must work with

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LibLink: Vince Cable: Don’t let healthy scepticism about China become paranoia

A tasty breakfast

As Business Secretary, Vince Cable was responsible for global trade and had to deal with the growing economic might of China. He writes about this in an article for City AM.

He has a stark warning for those seeking a trade deal. It’s not going to be much fun without 27 of your mates to watch your back:

And while the EU with its combined heft is able to be both tough and constructive, Britain on its own will be a largely powerless supplicant. I suspect that the Chinese, seeing Britain desperate for a trade deal of its own, will

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28 November 2018 – today’s press releases (part 1)

Another sizeable batch today, although one of my colleagues has asked me to hold one back until tomorrow. Indeed, we’ve had so many that I’m breaking them up into two posts…

  • Tory failure to prepare for Brexit risks empty shops & disruption at ports
  • Lib Dems secure key concessions on counter-terror laws
  • Chancellor’s comments show May’s cabinet in chaos
  • Cable: PM must stop threatening the country with no-deal Brexit
  • Cable: UK could be worse off than Government impact assessments say

Tory failure to prepare for Brexit risks empty shops & disruption at ports

Liberal Democrat MP Layla Moran has slammed the Tories for “refusing to provide information …

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LibLink: Miriam Gonzalez Durantez: How to beat the ticking Brexit clock: let British business leaders do the talking

There are few people in this country who have as much experience in negotiating international trade deals as Miriam Gonzalez Durantez.  In her Made in Spain book published last year, she drops casually into a recipe that she came across guacamole when she helped to negotiate the EU-Mexico trade agreement.

She’s written in the Guardian about the many dangerous mistakes that the Government is making in its approach to the EU negotiations.

She has some scary observations about who is influencing these proceedings:

British business leaders were asked to share the table with the Legatum Institute, a thinktank with unparalleled access to Davis and Theresa May and that seems to have been at the origin of some of the preposterous positions on Brexit taken by the government so far. Its inexplicable presence at that table was the clearest signal that the government has not changed its views on Brexit after the general election even one tiny little bit.

The institute has established a special commission on trade that consists of more than 20 people with different “trade” backgrounds. It is run by a British American director. The Legatum member who has just been nominated the UK’s new chief trade negotiation adviser is a New Zealander. The funding of the institute comes from a foundation that is part of a Dubai-based private investment group. So much for the UK “taking back control”.

The Government invited 33 business leaders to a discussion with this organisation recently. She goes on to show how this institute may have influenced the Government’s comments on things like “frictionless” access to the single market.

Miriam goes on to describe exactly why such an approach is completely unrealistic:

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Brake: May and Farage’s claim of an easy post-Brexit trade deal left in tatters

So, for long enough, the Brexiteers have been telling us that the EU would be pretty much begging us for a trade deal and we’d easily get one within two years.

Theresa May said last month that the deal could be done in two years , despite all sorts of evidence to the contrary.

Paul Nuttall said that it would all be so easy.

Well, in a sobering reality check, the European Court of Justice, who make the rules on this stuff, said today that all EU governments and national parliaments would have to agree such a deal. Remember how the Canadian EU deal was held up by a regional parliament in Belgium?

Tom Brake said:

Theresa May and Nigel Farage’s claims of an easy trade deal with the EU after Brexit have been left in tatters.

People don’t have to accept a bad Brexit deal that will mean fewer jobs, higher prices and less money for public services.

The Liberal Democrats want you to have your choice over your future.

You should have your say on the Brexit deal in a referendum, and if you don’t like the deal you should be able to reject it and choose to remain in Europe.

None of this is a surprise to the Liberal Democrat team. Their competent, credible and authoratitve statements have proven time and time again to be correct and Nick Clegg’s Brexit Challenge papers provide a comprehensive and accurate analysis of the complexities of all aspects of the risky course we are being dragged on by an incompetent government that hasn’t got a clue what it’s doing.

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No deal, no way

There isn’t going to be a free trade deal before we leave the EU.  Theresa May was advised as much by the civil service back in November when it became clear that there is no-where near enough time to negotiate a deal.  In any case it is not in the EU’s political interests to come to an agreement until after we’ve actually left the club so as not to encourage further euro-scepticism on the continent.

Ending free movement will not reduce migration to the tens of thousands.  The government will still have no control of the number of people leaving the country, nor the skills and experience they take with them.  In any case migration in the UK is driven by economics and the government will be in no position to risk a labour shortage and consequent rise in wages and fall in tax receipts.  Economics will take priority above migration, as it has done for each of the last seven years.

Britain is not going to become a low tax, low regulation global trading hub outside the EU.  Any such moves would be classed as fiscal and regulatory ‘dumping’ and would lead to retaliatory measures not just from the EU but the US as well.  That would cripple the global supply chain that underpins our most successful industries.   In any case the government is already spending £50 billion more than its earning, even after 7 years of austerity, and with billions more needed for education, the NHS and infrastructure investment slashing taxes is the last thing on the agenda.

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Shadow-boxing against a “no deal” Brexit is counter-productive


Theresa May’s letter stated that H.M. Government seeks “a deep and special partnership” with “a bold and ambitious Free Trade Agreement” that covers financial services, where we “have to align with rules agreed by institutions of which we are no longer a part”, and “manage the evolution of our regulatory frameworks to maintain a fair and open trading environment”.

The closest model would seem to be the Deep and Comprehensive Free Trade Agreements (DCFTAs) that the EU has already negotiated with Ukraine, Moldova and Georgia, and has offered to Tunisia, Morocco, Egypt and Jordan. Since all these jurisdictions account for a smaller share of EU exports than the UK, (e.g. Ukraine’s share is 0.8% against the UK’s 8%), it is realistic to expect similar terms to be readily offered to the UK.

A “no deal” scenario on Brexit was never taken seriously by the EU institutions, and is not on the agenda.  Exiting with no agreement on terms of departure or successor trade deal at all would harm the UK’s prospects of securing favourable future trading arrangements not only with the EU, but also with other countries.  It would probably result in British GDP falling by something like £1,700 per household, thereby risking tainting the Conservative Party with economic mismanagement. Had Mrs May seriously sought or expected a “no deal’ scenario, she would not have wasted political capital and risked her credibility seeking to negotiate a new trade agreement alongside an exit deal; it would rather have been to her advantage to leave more quickly and suffer an economic shock in 2017, in the hope that the economy was reviving by the time of the next election. 

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That extra special relationship

The Anglo-American Special Relationship is becoming the EXTRA Special Relationship – and not for the right reasons.

The Special Relationship is based on a shared historic, legal, cultural, and philosophical root buttressed by military and political alliances, a shared outlook of the world and intelligence services which are joined at the hip and just about every other part of the political anatomy.

The Extra Special Relationship is based on a shared pariah status, siege mentality and Britain and America’s  common need for friends in an increasingly friendless world.  The Brexit vote has isolated the UK from its former partners in continental Europe. Trump’s style plus his anti-Islamic, anti-EU, anti-free trade, anti-Nato, anti-Chinese and pro-Russian and pro-Israeli rhetoric has done the same.

On top of that, Prime Minister Theresa May needs a big trade deal to show that Brexit can work to Britain’s advantage. Trump is offering a massive bribe—the trade deal.

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Opportunities? Brexiteers, please specify

The motives and backgrounds of leave-voters are by now sufficiently understood to conclude that many of them cannot afford to and would not have voted for becoming substantially and permanently poorer. Some may, but had it been widely understood that Brexit comes at a high economic price for everybody, the result would have been a different one.

Apparently, most leavers dismissed the economic arguments of remain, and instead of asking for better arguments from leave bought the “scaremongering”-claim (admittedly, leave was much better at creating slogans). And this continues: leave already claims victory on the economy after 6 months in which nothing (apart from a 15% devaluation of the country) has happened. Luckily, consumers so far remain complacent and keep spending.

I know the typical response I can expect from Brexiteers: unsubstantiated claims (“see the opportunities”, “champions of free trade”…), denial (“Q3 was good”), fluffy sovereignty-talk (“Brussels”), and pressure (“how dare you not respecting the will of the people?”). Is that all you have got?

May I challenge you to think a little harder? Specify trading opportunities the UK currently misses because of EU membership, which outweigh the losses from leaving the single market. In other words: How and when will you have replaced the benefits of preferential access to 27 EU member states and the EUs’ 53 third-country agreements with higher yielding UK-deals? How and when will you recover the transitional losses? Will the current generation of young people recover from the damage within their professionally active lifetime? No leave-campaigner has ever presented any such case. Can you?

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Tories trash trade and we’re getting a pounding

Our future trade relations are the major battleground in the Brexit process. Unfortunately the public debate on trade remains poor, fuelled by the Brexiteers’ misleading, if not self-delusional, narrative of how the global world trading system works.

Brexiteers tell us the EU is more dependent upon us because we import their cars, cheeses and wines so we shall secure a good deal. When Brexiteers are reminded about our large trade deficit, International Trade Minister Fox blames our “fat and lazy” businessmen. Brexiteers argue we shall be free to conclude our own trade deals. However, a free trade deal with the EU will afford less market access than what we enjoy now as part of the Single European Market. It is no wonder why business organisations have responded with an open letter asking the Government to ensure we retain full Single Market access.

The UK will not have the upper hand in trade negotiations because 44% of our trade is with the EU whereas we account for only 17% of EU trade. With only 2% of world GDP compared with the EU’s 22% of world GDP, it is no wonder why US Trade Representative Mike Froman stated in the Financial Times on 30th October 2015:

Washington is not particularly in the market for a trade agreement with a single nation like the UK … it is absolutely clear that Britain has a greater voice at the trade table being part of the EU (and) part of a larger economic entity.

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Three Freedoms: the campaigning priorities for Brexit

The upcoming Brexit negotiations will be difficult for Liberal Democrats to watch. The vast majority of us campaigned to remain, and even those who voted to leave will, I imagine, be nervous at the prospect of an authoritarian Tory leader, probably without a specific mandate from the electorate for her party to run these negotiations, having so much power over what Britain’s negotiating position is to be.

As a parliamentary party, our lack of numbers will make it hard for us to get our message across when we’re needed the most. This is a time we as members and supporters are perhaps needed more than usual; to directly protest, write letters, persuade our fellow citizens, and hold the government to account from outside Westminster in support of our representatives inside.
Creating unambiguous messages to send to government on such a complex problem with such diverse viewpoints is difficult, and much ink has been and, I’m sure, will continue to be spilt on the subject. Today I just want to outline an idea of one specific strategy we could take, which I’m dubbing the “three freedoms” principle, as an attempt to boil down the terrifying complexity of the EU negotiations to something rather punchier.

Essentially, my view is that in the negotiations (setting aside the upcoming struggles on eg working rights and environmental protection which are likely to devolve to Westminster) there are three key things to secure.

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What they don’t tell you about TTIP

Countless articles, emails and campaigns have expressed anger about TTIP. This is the Transatlantic Trade and Investment Partnership, which would cover over 800 million people in the EU and US, as well as helping determine the shape of future agreements the world over. There are numerous concerns – some entirely misguided, some merely exaggerated – and from reading the literature of campaign groups like 38 Degrees it might be hard to know whether there are any benefits at all from this trade deal. So supporters of free trade need to straightforwardly spell out some of TTIP’s advantages.

In particular, lost among the scaremongering and obscure debates has been the very foundation of TTIP: an abolition of almost all the remaining import and export tariffs between the US and EU. It’s true, as both supporters and opponents of TTIP say, that tariffs are only a part of the deal: harmonising regulations (without lowering standards) is now often more important. But when the entire process is under attack, the scrapping of tariffs should not be glossed over. I hope it’s not too insulting to suggest that many of those attacking TTIP or signing petitions (not to mention those who haven’t heard of TTIP) may have no idea that it includes the scrapping of import and export tariffs.

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Europe or the world? It’s a false choice.

“Do you agree that the UK should leave the EU and trade with the world?” That’s the question on the front page of the UKIP website, and presumably how they want to start framing the referendum debate once they launch their own No campaign later this week. “Out, and into the world,” as it was put in the 1970s.

But that’s a false choice. We don’t have to choose between Europe and the world. We can have both.

Let’s start by emphasising just how important the European marketplace is to British business. Last year, according to figures from the Office for National Statistics, the UK’s exports to the rest of the EU were worth £226bn – 12 times the value of the stuff we sold to China and 33 times what we sold to India. Between 2000 and 2014 the value of our exports to the rest of the EU rose by £80bn; the value of our exports to China rose by £16bn, and to India by just £4bn. China and India are important, growing markets with lots of potential, but let’s not forget just how important Europe is and will remain.

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Opinion: TTIP: a taxpayer funded safety net for the super-rich

Few things are more complicated and opaque than the Transatlantic Trade and Investment Partnership (TTIP), a trade deal being hammered out between the EU and the USA. It has been criticized by activists and journalists such as George Monbiot, but Vince Cable asserts there is nothing to worry about. Who is right?

When things get complicated, follow the money. Fortunately we now have a money bloodhound. The economist Thomas Piketty has spent a decade or more producing a huge scholarly work which reveals where the money is. His answer is simple: unless active measures are taken an ever larger proportion ends up in the hands of the already very rich. TTIP will make this even worse.

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Opinion: Towards an ethical trade policy

As a Liberal Democrat for almost all of my adult life, I am often  bemused that other citizens are yet to share my enthusiasm for our long held belief in a dynamic European Union.

The prevailing phenomena of Euroscepticism is not purely a UK problem. We only have to look at France and to a lesser extent Germany to see similar. Why?

In my view the failure is in not articulating the needs of and connecting with European citizens. People have felt marginalised by the closure of traditional industries and a sense of lack of power to change or alter what is happening to them in this brave new world. Far Right Parties have been quick to make the most of this.

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Opinion: TTIP: What could possibly go wrong?

The Transatlantic Trade and Investment Partnership is an agreement currently being negotiated between the EU and the USA to allow for freer trade between the two. We received an upbeat assessment of its progress and potential from Nick Thornsby a couple of weeks ago. It is currently Liberal Democrat policy to support it, but I have serious reservations about whether we are doing either liberalism or democracy any favours in this instance.

A trade agreement that reduced barriers and increased access to markets, thus lowering prices for customers, and increasing quality would be a great thing. However, this is not …

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Liblink… Vince Cable: Europe is an anchor for British business

For centuries, Britain has developed economically through being an open, outward-looking country. Today, the economy has a high level of global integration. The UK is the world’s fifth largest exporter of goods and services, and we attract more foreign direct investment than any other European country.

…Vince Cable, writing in the Guardian.

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This week in Europe: 20-23 May

As attention turns towards next year’s European Parliamentary elections, Liberal Democrat MEP’s continue to work for jobs and growth, and against some of the more ludicrous bureaucratic excesses…

“EU must get tough on tax” says Sharon Bowles MEP
 
Ahead of yesterday’s EU Summit in Brussels, the European Parliament backed a common European strategy to combat tax fraud, evasion and havens.
 
UK Liberal Democrat MEP Sharon Bowles, who chairs the European Parliament’s Economic and Monetary Affairs Committee, said:
 

It is totally unacceptable that corporate tax avoidance is now the norm in Europe, aided and abetted by aggressive tax planning and tax consultancy firms.
 
I have been fighting

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Clegg on UK and EU relationship with Africa: “more trade, fairer tax and greater business transparency”

Nick Clegg gave a speech at the Africa Jubilee Business Forum which celebrated the 50th anniversary of the establishment of the Organisation for African Unity. Here are the highlights:

Political rights must go in tandem with economic growth

Everybody, of course, wants growth – the key decision is how you achieve it. More and more African countries face a choice between the economic models of authoritarian capitalism, on the one hand, and liberal democracy, on the other.

In countries like China, authoritarian capitalism argues the case for economic growth ahead of political freedoms. And it’s a seductive argument in view of surging growth

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Michael Moore MP’s Westminster Notes

Every week, Liberal Democrat Secretary of State for Scotland, Michael Moore MP, writes a column for newspapers in his Borders Constituency. Here is the latest edition. 

Green Deal

Despite the fact that we are now well into March, it seems that there is no let up in the cold snowy weather and I know that at this time energy bills remain a major concern to my constituents. To help people reduce these bills and cut down their energy use, the Government has taken action and introduced a scheme called the Green Deal. This enables people to improve the energy efficiency of their …

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Nick Clegg: “Turkish entry into the EU is a strategic necessity”

Nick Clegg is on a trade mission to Turkey today, and has announced £500m of business deals and £1m of funding for the Turkish Red Crescent in Syria.

He wrote this morning in Turkey’s Sabah newspaper, on the Turkish economy, trade between Turkey and the UK, visas for Turkish travellers, and the the response to the humanitarian crisis in Syria. You can read the article in Turkish over at Sabah; the English translation is below:

This summer for a few, glorious weeks the United Kingdom became the centre of the world as we hosted the London Olympic and Paralympic

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