Commons Sense

House of Commons · Ministers' Questions

CPTPP: Small and Medium-sized Enterprises

Thursday 30 November 2023 · 4 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 2 Partly answered 1 Not answered 0

Key points

  • The CPTPP is expected to benefit small and medium-sized enterprises in the UK through lower tariffs and reduced bureaucracy.
  • The government will produce written guidance and utilize existing services like the export academy to help SMEs access CPTPP opportunities.
  • Materials from the export academy and export support service are available for distribution to businesses interested in CPTPP markets.

Topics (select to filter)

Questions & Answers

Q1 Martin Vickers Con Brigg and Immingham
Brexit Business & Trade
Context

The comprehensive and progressive agreement for trans-Pacific partnership is being assessed for its potential benefits to small and medium-sized enterprises in the UK.

Question

What assessment has been made of the potential impact of the CPTPP on small and medium-sized enterprises in the UK?

Answer from Kemi Badenoch

The CPTPP is one of the major benefits of Brexit, delivering billions of pounds to our economy and supporting small businesses through lower tariffs, reduced red tape, and digital provisions. The deal includes an SME chapter committing all countries to make the agreement accessible for SMEs.

Partly answered

Not addressed: Did not provide specific plans or details about how the UK will support SMEs in accessing CPTPP opportunities

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Q2 Martin Vickers Con Brigg and Immingham
Business & Trade
Context

Following the initial question, there is a need to outline specific plans to assist SMEs in exporting under CPTPP.

Question

Will she outline what particular plans there are to help small businesses access opportunities under CPTPP?

Answer from Kemi Badenoch

The government will ensure that its support offer for SMEs helps firms build their capability to import and export. Written guidance will be produced, and existing services like the export academy and international trade advisers will provide assistance in accessing CPTPP markets.

Answered
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Q3 Jim Shannon DUP Strangford
Business & Trade
Context

SMEs in Jim Shannon's constituency of Strangford aim to benefit from CPTPP membership.

Question

What can the Secretary of State do to help my businesses in Strangford access opportunities under the CPTPP?

Answer from Kemi Badenoch

The hon. Gentleman can receive materials from the export academy and export support service to distribute to businesses in his constituency interested in CPTPP markets, following recent meetings with investors at the Northern Ireland investment summit.

Answered
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Q4 Tan Dhesi Lab Slough
Business & Trade
Context

A recent failure with the UK government's export website has raised concerns about support for businesses under CPTPP.

Question

What immediate steps will the Department take to provide stability and ensure UK businesses can excel in exporting under agreements like the CPTPP?

Answer from Kemi Badenoch

The export support service website, praised by businesses, has an expert toolkit developed with business and trade officials. Labour's plan lacks detail, while the Conservative party is focused on removing export barriers for UK businesses.

Not addressed: Did not provide specific steps or plans to address the questioner's concern about immediate support for exporting under CPTPP.

How: Attacking Labour'S Plan

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