Australia Trade Agreement Buckinghamshire 2021-06-10

2021-06-10

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Response quality

Questions & Answers

Q1 Direct Answer
Context
The question pertains to the opportunities and potential benefits a free trade agreement with Australia might bring specifically to businesses in Buckinghamshire.
What assessment she has made of the potential benefits of a free trade agreement with Australia for Buckinghamshire?
There will be opportunities for businesses across Buckinghamshire as part of the 2,600 businesses in the south-east that were already exporting goods to Australia last year. They are set to benefit from action on tariffs in areas such as cars, food and drink, and machinery, and there will be benefits in services, including digital, data and innovation provisions that will future-proof the FTA for businesses in Buckinghamshire and across the United Kingdom.
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Response accuracy
Q2 Direct Answer
Context
The question focuses on the support available for microbusinesses in Buckinghamshire that wish to export to Australia, acknowledging the county's high density of microbusinesses.
Many happy returns, Mr Speaker. I thank the Minister for his answer. Buckinghamshire has more microbusinesses than any other county in the country, so now that we are a free sovereign trading nation once again, what help can my right hon. Friend give to those very small businesses that want to export to Australia but might not yet have the expertise and experience to do so?
I am well aware of the situation in Buckinghamshire; my father set up a microbusiness in Buckinghamshire 40-odd years ago. I can tell my hon. Friend that our refreshed export strategy will raise the exporting culture of the UK, taking advantage of our new independent trade policy by providing SMEs and micro-businesses across Buckinghamshire with new opportunities to build their exporting capability in both goods and services, to enhance support, to strengthen one-to-many digital services and to improve access to finance.
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Response accuracy