International Trade Business Opportunities for Women 2020-10-21
2020-10-21
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
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Context
The question arises from the need to address economic disparities between men and women. A report suggests that up to £250 billion could be added to the UK economy if women started and scaled businesses at the same rate as men.
What steps she is taking to increase business opportunities for women through international trade. This question addresses the potential economic impact of equalising business start-up rates between genders, highlighting a £250 billion opportunity in the UK economy.
As much as £250 billion could be added to the UK economy if women started and scaled businesses at the same rate as men. I am determined that trade should play its part in opening up greater opportunities for women, both in the UK and across the world.
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Assessment & feedback
Specific steps or commitments related to increasing business opportunities for women through international trade were not detailed
General Statement About Opportunity
Response accuracy
Q2
Partial Answer
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Context
The question builds on the previous discussion about enhancing international trade opportunities for women. It specifically inquires about leveraging existing relationships with South-East Asian countries to foster more trading prospects.
I thank my right hon. Friend for that answer. Can she tell me what the UK will do to build on our close ties with Cambodia, Laos and Vietnam to expand trading opportunities, especially for women, particularly given Vietnam's membership of the comprehensive and progressive agreement for trans-Pacific partnership?
First, we have appointed a splendid trade envoy for those three countries, who is going to do a brilliant job promoting opportunities for women and everyone through free trade agreements. My hon. Friend is absolutely right: CPTPP contains important provisions to open up trade for women, and of course Vietnam is a key part of that agreement.
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Assessment & feedback
Concrete actions or commitments regarding expanding trading opportunities for women were not specified; instead, praise was given to the appointed envoy without details.
General Statement About Trade Envoy
Praise
Response accuracy