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Cameron of Chipping Norton, Lord
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Cameron of Chipping Norton, Lord (2)
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I join the Prime Minister in paying tribute to Corporal Danny Nield, killed in Afghanistan on Friday. We should offer our deepest sympathy to his family and his friends at this time.
Does the Prime Minister share my concern at the decision by the US House of Representatives to pass ““Buy America”” legislation, and does he agree that a retreat into protectionism is the last thing that the world needs? Yesterday, the Prime Minister's spokesman refused to confirm that he would specifically condemn these moves. Will the Prime Minister make clear his position today?
I join the Prime Minister in paying tribute to Corporal Danny Nield, killed in Afghanistan on Friday. We should offer our deepest sympathy to his family and his friends at this time.
Does the Prime Minister share my concern at the decision by the US House of Representatives to pass ““Buy America”” legislation, and does he agree that a retreat into protectionism is the last thing that the world needs? Yesterday, the Prime Minister's spokesman refused to confirm that he would specifically condemn these moves. Will the Prime Minister make clear his position today?
Asked by
Lord Cameron of Chipping Norton
(Conservative)
Answering body
Prime Minister
Prime Minister's questions - Supplementary
Status
Answered
Answered on
4 February 2009
I have made it clear throughout the past few months that the biggest danger that the world faces is a retreat into protectionism. I have also made it clear that, as a result of the withdrawal of foreign banking capacity in large numbers of countries, we face a downward spiral whereby these countries cannot borrow from anybody because foreign banks have left. That is all the more reason why, first, we should sign the Doha agreement—that will feature on the G20 agenda—and secondly, we should ensure that every country is analysed by the World Trade Organisation on what it is doing to prevent protectionism. It is also absolutely clear that we should agree, as a world, on a monetary and fiscal stimulus that will take the world out of depression.
Subjects
USA; Protectionism
Date
4 February 2009
Reference
487 c836-7;487 c834-5
Chamber / Committee
House of Commons chamber
House
House of Commons
The two countries that most need to give ground to achieve action on the Doha round—India and the US—will both be present at the G20. As the Prime Minister said, the aims of the G20 refer to advancing the Doha trade round. Should we not be clear that anything less than removing the barriers to agreement would represent a failure?
The two countries that most need to give ground to achieve action on the Doha round—India and the US—will both be present at the G20. As the Prime Minister said, the aims of the G20 refer to advancing the Doha trade round. Should we not be clear that anything less than removing the barriers to agreement would represent a failure?
Asked by
Lord Cameron of Chipping Norton
(Conservative)
Answering body
Prime Minister
Prime Minister's questions - Supplementary
Status
Answered
Answered on
4 February 2009
I tried very hard before Christmas to talk to both President Bush and the Indian Prime Minister so that we could make progress on this. There are actually only two issues that are left to be decided. The first is a safeguard clause for when there is a surge in imports in any poor country, and the second concerns negotiations on sectorals—different sectors of industry—and how those could be concluded. By the time President Bush had left office, he had made it clear that he would be able to accept the wording on the sectoral agreements, and the Indian Prime Minister has said to me that he wants to make progress on the safeguard clause.
It is now up to President Obama and the Indian Prime Minister to say that they can accept the terms of this agreement. If that were so, we would have a conclusion of the first round of the Doha negotiations. That is in the interests not just of our country, but of the poorest countries in the world, which are now facing poverty as a result of the industrial downturn. Those two issues can be resolved, and I will work very hard to resolve them in the next few weeks.
Subjects
USA; Protectionism
Date
4 February 2009
Reference
487 c837;487 c835
Chamber / Committee
House of Commons chamber
House
House of Commons