Oral question asked in the House of Commons, by Gavin Strang (Labour). It was answered on Thursday, 18 December 2008 on behalf of the Treasury.
Economic Recovery
- Question
- Does my right hon. Friend agree that, although sterling's depreciation against the euro in particular will result in an increase in some input costs, overall it should provide an environment for a substantial increase in agricultural production? That will result in increased investment in food processing and manufacturing, creating more jobs and displacing imports, which we will need in the next few years.
- Answer
-
My right hon. Friend is right that depreciation can help our exporters, but we must ensure as well that countries right across the world also take action to support their economies so that there are markets to sell into. That is why I welcome what France, Germany and other European Governments have done to support their economies, as their actions will create the right conditions to encourage and support our exporters.
Secondary information
- Type
- Oral question
- Reference
- 485 c1221-2
- Session
- 2008-09
- Oral question type
- Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Agriculture Economic situation Exchange rates
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2014-09-01 21:17:11 +0100
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