Tag: Press Release

  • PRESS RELEASE : UK response to the President of the OSCE Parliamentary Assembly: UK statement to the OSCE [February 2024]

    PRESS RELEASE : UK response to the President of the OSCE Parliamentary Assembly: UK statement to the OSCE [February 2024]

    The press release issued by the Foreign Office on 8 February 2024.

    Ambassador Neil Holland thanks the President of the OSCE Parliamentary Assembly for the Assembly’s important election observation role and enduring support for Ukraine.

    Madam President, on behalf of the United Kingdom, welcome back to the Permanent Council. Thank you for your address.

    We welcome the OSCE Parliamentary Assembly’s continued focus on Ukraine. As we approach two years since Russia launched its illegal, invasion we will not waiver in our support for Ukraine.  We are working in lockstep with the Chair and others to ensure the war remains high on the OSCE’s agenda. We will continue to deploy the OSCE’s toolkit extensively to counter Russia’s disinformation and shine a spotlight on its illegal actions.

    We see the OSCE Parliamentary Assembly’s role as critical in these efforts, both in terms of the PA’s Parliamentary Support Team for Ukraine, but also through parliamentarians’ engagement in Capitals. We all have a responsibility to ensure our governments recognise the enduring value of the OSCE as a forum for dialogue and conflict resolution, as well as the need to support Ukraine. In this regard, we welcome the engagement you’ve done personally, including through your visits to the participating States.

    Beyond the conflict, the OSCE Parliamentary Assembly faces an unprecedented year. 2024 will prove a record-breaking year for elections globally. Over 4 billion voters across the world will head to the polls, marking a colossal exercise in democratic participation. The manner in which these elections are conducted and their outcome will have significant implications for global politics and stability, and trust in democratic institutions and processes. Many of these elections will be held in our region and we welcome the OSCE Parliamentary Assembly’s observation role.  It is an integral part of democratic scrutiny, supporting electoral integrity and documenting whether elections are credible and inclusive. Just yesterday, OSCE PA members were in Azerbaijan observing its Presidential elections. I thank Vice-President De Ridder and Vice-Chair Gerasymov for leading the delegations and look forward to their findings.

    We note the Parliamentary Assembly’s continued concerns about the institutional health of the organisation. We share these concerns. We welcome the consensus on support for Malta as this year’s Chair. We will continue to press for a more sustainable financial settlement for the organisation and work to appoint strong candidates to its four top leadership positions. Beyond this, we recognise the need for longer term solutions and political commitment to ensuring the OSCE’s effective functioning and relevance. In this regard, we welcome the OSCE Parliamentary Assembly and its members’ continued efforts in highlighting Russia’s and Belarus’ obstruction and undermining tactics.

    Madam President, to conclude, the UK thanks you and the Assembly for the work you are doing. We offer our full support and look forward to continued co-operation and collaboration in 2024.

  • PRESS RELEASE : UK extends tariff-free trade with Ukraine until 2029 [February 2024]

    PRESS RELEASE : UK extends tariff-free trade with Ukraine until 2029 [February 2024]

    The press release issued by the Department for Business and Trade on 8 February 2024.

    UK to support Ukrainian businesses by extending tariff-free trade until 2029.

    • UK and Ukraine extend tariff-free trade on majority of goods for an additional five years.
    • Move designed to help Ukrainian businesses impacted by the war and is the most generous tariff break offered by any country.
    • UK Trade Minister Greg Hands and Ukraine’s First Deputy Prime Minister Yuliia Svyrydenko to sign extension in a virtual ceremony today.

    Most UK-Ukraine trade will remain tariff-free until at least 2029, thanks to an extension agreed today to support Ukraine’s long-term economic recovery from the war.

    The commitment forms part of the UK’s efforts to support Ukraine following Russia’s full-scale and illegal invasion, which has disrupted supply chains and transport routes and impacted Ukraine’s ability to export goods.

    The UK was the first country to remove tariffs on all its trade with Ukraine two years ago. Today’s announcement to significantly extend this existing agreement sees the UK continue that leading role, giving Ukrainian businesses and exporters much needed economic support and certainty.

    UK Minister of State for Trade Policy Greg Hands will formally sign the agreement to extend the liberalisation measures with Ukraine’s First Deputy Prime Minister and Minister for Economic Development and Trade Yuliia Svyrydenko in a virtual ceremony today.

    UK Minister for Trade Policy Greg Hands said:

    This agreement provides much needed long-term economic support to Ukraine, its businesses and people – critical to its recovery from Putin’s illegal invasion.

    The UK will continue to do everything in its power to support Ukraine’s fight against Putin’s invasion, for as long as is needed.

    William Bain, Head of Trade Policy, British Chambers of Commerce, said:

    The extension of zero tariff trading terms for a further five years for qualifying goods is a welcome development. It plays a vital part in helping Ukraine’s economy at a time when they are under huge pressure, easing supply chain access.

    Alongside the Digital Trade Agreement, which aims to bolsters e-commerce trade between our countries, this extension will boost opportunities for Ukrainian business in key sectors such as oils, grains and other agri-foods.

    In May 2022, the UK removed all tariffs under the UK-Ukraine Free Trade Agreement until March 2024. This precedent has been followed by similar initiatives from the EU and other partners.

    This latest agreement will see tariff-free trade extended on all goods for five years, except eggs and poultry which will be extended for two years.

    Ukraine has also agreed to match the UK’s approach, meaning British businesses can also benefit from tariff-free exports to Ukraine.

    Tariff liberalisation forms an important part of UK Government’s overall support to Ukraine, along with the military, humanitarian and economic aid.

    The Ukraine Recovery Conference held in London last year strengthened international support for Ukraine and raised over $60 billion towards Ukraine’s recovery and reconstruction.

    Background

    • The UK Government originally offered tariff-free trade in May 2022 on a nonreciprocal basis, with no expectation or ask of the Ukrainian Government in return, however Ukraine insisted they also remove tariffs on UK goods entering Ukraine.
    • The tariff-free trade agreement signed in May 2022 was due to expire on 31 March 2024. The five-year extension of liberalisation is for all goods except for poultry and eggs, which will be liberalised for two years.
    • The signing builds on the Prime Minister’s commitment that the UK will provide £2.5 billion in military aid to Ukraine in 2024/25, an increase of £200 million on the previous two years, which will include the largest delivery of drones to Ukraine from any nation. The UK has provided over £10 billion in military, humanitarian and economic support to the UK since Putin’s full-scale invasion in 2022.
  • PRESS RELEASE : UK and Denmark establish voting rights treaty [February 2024]

    PRESS RELEASE : UK and Denmark establish voting rights treaty [February 2024]

    The press release issued by the Foreign Office on 8 February 2024.

    New agreement enhances and protects the rights of British and Danish citizens to stand and vote in local elections in each other’s countries.

    The UK and Denmark have today (Thursday 8 February 2024) signed a treaty that secures the rights of British and Danish citizens to stand and vote in local elections in each other’s countries.

    Once ratified, this agreement will ensure that British people living in Denmark and Danish citizens living in the UK have the right to choose who represents them in local government in the country where they reside.

    The treaty was signed by the UK’s Ambassador to Denmark, Emma Hopkins and Nikolaj Stenfalk of the Danish Ministry of the Interior and Health, on 8 February 2024 in the British Ambassador’s Residence in Copenhagen.

    In a joint statement, British Ambassador to Denmark, Emma Hopkins and Danish Ambassador to the UK, René Dinesen said:

    We are delighted to reach this agreement on voting rights between the UK and Denmark. This will enhance and protect the rights to participate in local democracy of approximately 50,000 citizens who reside in each other’s countries.

    As an important outcome of the UK-Denmark Joint Statement signed by our Foreign Ministers last year, this treaty demonstrates the close ties between our countries and underlines our shared commitment to democracy.

    Denmark is the fifth country to sign a voting rights treaty with the UK, following treaties signed with Poland, Spain, Portugal and Luxembourg.

  • PRESS RELEASE : Police and Crime Commissioner functions [February 2024]

    PRESS RELEASE : Police and Crime Commissioner functions [February 2024]

    The press release issued by the Home Office on 8 February 2024.

    The government has laid legislation in Parliament to transfer the Police and Crime Commissioner functions to the West Midlands and South Yorkshire mayors.

    The transfer of Police and Crime Commissioner functions will mean that the mayors in the West Midlands and South Yorkshire will have oversight over their respective local police forces to improve collaboration across public services. The Police and Crime Commissioner role will be assumed by the newly elected mayors across those local areas following the upcoming elections in May.

    This follows two six-week public consultations which gave the public the opportunity to share their opinions on the proposals. The responses were then carefully considered by the Home Secretary, amongst other information, before the decision was made to proceed with the legislation.

    These changes will come into effect from the next mayoral elections in May 2024, protecting the democratic accountability of the Police and Crime Commissioner role. With additional responsibility for their respective local forces, the newly elected mayors will be well placed to align police and crime priorities with other public services such as transport and regeneration.

    Subject to parliamentary approval, these changes are a continuation of the government’s plan set out in the Levelling Up white paper to see all combined authority mayors exercise Police and Crime Commissioner functions, where feasible. This has already been successfully implemented in Greater Manchester, West Yorkshire and in London where the mayor has responsibilities equivalent to that of a Police and Crime Commissioner.

    Parliamentary debates to discuss the legislation are expected to commence shortly.

    The term of office for the current mayor of South Yorkshire will be brought forward and end in May 2024 rather than 2026.

  • PRESS RELEASE : UK & Malaysia – a modern, equal partnership, speech by Ailsa Terry CMG [February 2024]

    PRESS RELEASE : UK & Malaysia – a modern, equal partnership, speech by Ailsa Terry CMG [February 2024]

    The press release issued by the Foreign Office on 8 February 2024.

    At the KSI Economic Club Diplomatic Dialogue, Ailsa Terry highlighted the UK and Malaysia’s rich shared history and its development into a modern, equal partnership that will advance both the countries’ shared interests.

    Yang Berbahagia Datuk Seri Mohamed Iqbal Rawther, Chairman, Economic Club of Kuala Lumpur. [The Honourable Datuk Seri Mohamed Iqbal Rawther, Chairman, Economic Club of Kuala Lumpur]

    Yang Berbahagia Tan Sri Michael Yeoh, President, KSI Strategic Institute for Asia Pacific and Deputy Chairman, ECKL. [The Honourable Tan Sri Michael Yeoh, President, KSI Strategic Institute for Asia Pacific and Deputy Chairman, ECKL]

    Your Excellencies, Tuan-Tuan dan Puan-Puan, [Your Excellencies, Ladies and Gentlemen,]

    Sudah enam bulan saya menjalankan tugas sebagai Pesuruhjaya Tinggi British di Malaysia, selepas saya belajar bahasa untuk sembilan bulan di London. [I have been working as the British High Commissioner to Malaysia for six months now, after studying the language for nine months in London]

    Saya sungguh tertarik dengan Malaysia.  [I am really attracted to Malaysia.]

    Hakikatnya, saya mula jatuh cinta dengan Malaysia semasa saya melawat Malaysia pada tahun 2010 (dua ribu sepuluh).  [The truth is, I have fallen in love with Malaysia since I first visited Malaysia in 2010.]

    Saya bersyukur kerana berpeluang kembali ke Malaysia lagi – dengan suami dan anak kembar saya, dan bersumbang terhadap hubungan dua-hala UK dan Malaysia. [I am grateful for the opportunity to return to Malaysia again – with my husband and my twin boys, and to contribute to the UK-Malaysia bilateral relationship.]

    Para hadirin sekalian, izinkan saya meneruskan ucapan saya dalam Bahasa Inggeris. [Ladies and gentlemen, allow me to continue my speech in English.]

    Thank you Tan Sri Michael for the invitation to give the second ECKL Diplomatic Encounters lecture.

    My twins always ask me ‘Mummy, what’s a High Commissioner? What do you do?’

    And I guess in a way that’s what I’m going to talk through today.

    When a High Commissioner or an Ambassador arrives in their new post, they often say that their aim is to make sure the relationship is better when they leave than when they arrive. And of course that is my aim too.

    I’ve been High Commissioner to Malaysia for about six months now, and I have already had the privilege of travelling to eight states, with visits to Kedah, Kelantan and Terengganu coming up soon.

    And on my travels I have been able to meet many people who have told me about their experiences studying or working in the UK. Many people even refer to going to the UK as ‘balik kampung’ as it feels like a second home.

    The UK and Malaysia have a powerful and rich shared history which we must acknowledge and learn from.

    For instance, last month I was with the Yang di-Pertuan Agong in Kuantan, when he dedicated a memorial to the sailors who died onboard HMS Prince of Wales and Repulse when they were sunk during the Second World War.

    But I also want the UK and Malaysia to have a very modern partnership which advances our shared interests and allows us to learn from each other’s strengths.

    One example of this is our new collaboration on semiconductors, a critical component in global supply chains.

    My team recently took a delegation of Malaysian semiconductor experts to the UK, after bringing a delegation of British businesses here to Malaysia.

    The delegation looked at UK strengths such as design and academic research.

    And the UK companies learned about Malaysian expertise in finishing and testing.

    They’re now looking for ways to pair up in future.

    And while I can’t say much about this now, watch this space this week!

    To me this example is a perfect demonstration of the development of our relationship into what I like to describe as a modern, equal partnership which serves both of our interests, rooted in our longstanding history together.

    Today I’m going to talk you through how I see the main four pillars of that partnership, which can be broadly categorised as international cooperation; economics and trade; defence and security; and people-to-people links including education and skills.

    I’m very keen on history, so I read in some detail about Malaysia’s changing relationship with the UK before I arrived including visiting our National Archives at Kew.

    It’s very much a story of ebbs and flows, shaped by strong personalities on both sides.

    From the start, with Tunku Abdul Rahman’s proclamation of the independence of Malaya on 31st August 1957.

    And the states of Sabah and Sarawak joining to form Malaysia in 1963.

    The people of Malaysia might have thought the UK would withdraw.

    But they stood by Malaysia and Brunei during the Konfrontasi with Indonesia.

    Defending Tunku’s “sovereign democratic and independent State founded upon the principles of liberty and justice” against the authoritarian regime of Sukarno.

    Economic pressures on the UK meant it moved to a West of Suez policy.

    And Malaysia’s independent foreign policy began to take root.

    Malaysia moved from western alignment to non-alignment at about the same time the UK joined the EU.

    And then one of the biggest personalities in the history of Malaysia began to really make his presence felt!

    Tun Dr Mahathir became Prime Minister in 1981, and almost immediately announced his ‘Buy British Last’ policy.

    Malaysia would ‘buy British when it is absolutely necessary, when… prices and services are way ahead otherwise… we will show a definite preference for non-British sources’ .

    This was instigated partly because of the British Government’s decision to charge higher fees for overseas students.

    And partly because of decisions taken by the London Stock Exchange in response to Malaysia’s daring ‘Guthrie Dawn Raid’.

    That’s a fascinating story – in brief, Guthrie, one of the largest plantation companies in Malaysia was owned by shareholders in the UK, listed on the London Stock Exchange.

    In 1981, Malaysian GLCs managed to buy a controlling stake in the company in just two hours, thus returning ownership of more than 800 square kilometres of land to Malaysia.

    Tun Mahathir also wanted to focus closer to home.

    His Look East policy aimed to get Malaysia to learn from the experience and technical skills of Japan, the Republic of Korea, and Taiwan.

    These, combined with the UK’s focus on Europe led to many years of a less dramatic relationship.

    However, in the 80s Margaret Thatcher became the first British Prime Minister to visit Malaysia post-independence, and she seems to have got on with Tun Mahathir.

    In her autobiography, she described him as “tough, shrewd and practical, [with] a refreshingly matter-of-fact outlook”.

    In turn, Tun paid Lady Thatcher the somewhat backhanded compliment that “She has done wonders reviving an exhausted Britain”.

    And the people-to-people links continued too.

    Malaysians were the biggest contingent of students in UK, and are still in the top ten.

    We exchanged tourists, and investment, and workers.

    And we were still active members of the Commonwealth community together.

    Against this backdrop, one of the biggest impacts on the recent relationship came in June 2016.

    Brexit fundamentally changed the way the UK and the EU operate together, giving us much more space to choose how we work and trade with other countries.

    That allowed us to make what we have called the Indo-Pacific tilt, and now a firm policy of the British government as set out in our Integrated Review, in which Malaysia was highlighted as a priority partner for the UK.

    Our aim is to be the European partner with the broadest and most integrated presence in the Indo-Pacific – committed for the long term, with closer and deeper partnerships, bilaterally and multilaterally.

    We’ve used that to drive a big change in how we work with Malaysia and other southeast Asian countries.

    And that feeds in to my desire for a truly modern partnership between the UK and Malaysia.

    But, before I go on to talk about the modern partnership, I think I should set out some context.

    When we look around at the world today, we’re seeing greater instability and sharper competition.

    Russia’s illegal invasion of Ukraine.

    Israel’s ongoing war on Hamas in Gaza, which has recently been taken to the International Court of Justice by South Africa.

    Azerbaijan gaining control over Nagorno-Karabakh and expelling 100,000 ethnic Armenians.

    Venezuela announcing its intention to take control of part of Guyana.

    And with coups in Burkina Faso, Niger, and Gabon over the last 18 months, there are simmering internal conflicts in sub-Saharan Africa.

    And closer to home there is of course the conflict in Myanmar, which has had a destabilising effect on the region and the way ASEAN works.

    These all put pressure on the multilateral political system, and hinder co-operation.

    Is this a trend?

    Will we continue to see countries and non-state actors attempting to redraw national boundaries or reshape their political space in other ways?

    It can be argued that this is all set against a wider backdrop of rivalry between the so-called West, particularly the US, and China, in economic and political terms.

    The US-China rivalry can bring benefits to the region, as they compete to get countries on their side.

    But most countries don’t want to take sides – understandably.

    And honestly, despite how we are often perceived, the UK is no exception.

    When working with China, we want to ensure we protect UK interests, but we also try to engage with China on the big issues.

    And we’re happy to align with China when our interests coincide.

    We are, however, seeing some de-risking as businesses and countries decide they’re concerned about supply chains as the US-China rivalry heats up.

    This has resulted in some reshoring, and some diversification of supply chains.

    Economic protectionism is also likely, such as tariffs and quotas.

    And the IMF predicts lower global growth in 2024.

    It won’t be as bad as during Covid, but worse than the average of the last ten years.

    And if the situation in the Red Sea continues, it’s likely to reduce growth further.

    It’s also a year of elections – we’ve already had votes in Bangladesh and Taiwan, and next month Indonesia will go to the polls.

    Later in the year, we’ll have the US, the UK, India, the European Union, Mexico, Republic of Korea, and many more meaning 4 billion people will vote this year.

    Can I say hopefully not Malaysia? I think my team has gone through too many sleepless nights due to political changes over the last few years!

    And these elections add to the uncertainty – do we know that the US, or Indonesia, or the EU will respond to issues in the same way domestically or internationally?

    We have growing implications from climate change.

    Extreme weather events and related humanitarian crises are arising more often.

    Rising sea water will decrease the amount of the planet we can live on, particularly affecting those living near rivers and the coast.

    And food production is being affected by changing weather patterns.

    And there are other global challenges.

    We’ve already seen the devastating effect of the Covid pandemic – millions dead worldwide, long term sickness in some survivors, and a huge economic hit.

    There’s also a growing global health crisis in anti-microbial resistance.

    Do we have the new medicines and policies to help us if we need to deal with a new pandemic?

    One thing that might help is Artificial Intelligence.

    AI has the potential to be an enormous power for good.

    It could bring productivity gains, use big data to help us with our planning and decision making, and help us in our daily lives.

    In the same way, technological innovations in health, education, and industry could bring real benefits, and help us meet some of the Sustainable Development Goals.

    But it can also be used negatively – we’ve already seen deepfakes being used for misinformation, meaning people have less trust in information and democracy, and there are concerns about the impact on the employment market.

    How AI is regulated will be key to keeping trust in this emerging technology.

    So does all of this mean we’re doomed to a splintering, fragile and fragmented world?

    Or can we use these events as an opportunity to learn, and set up new foundations for future cooperation and reform?

    I’m an optimist – I think you have to be in my job – so I will work for the latter.

    I’ve talked about how the world is changing.

    And I’ve touched upon how the UK has had to find its place in this modern era.

    And clearly, Malaysia is changing as well.

    It’s moved from being a producer of agricultural, forestry and petroleum products to be a high-tech exporter.

    The biggest exports to the UK are in electronics and electrical equipment.

    And Malaysia is the world’s sixth largest exporter of semiconductors.

    So Malaysia is vital in the global economy, and moving closer to being a high-income nation.

    I’m a very strong believer that inclusivity and diversity is key to progress in the modern world.

    And I really admire and have learned from Malaysia’s unique mix of faiths, cultures and races, which reminds me of the UK’s own diverse social mix.

    In the words of Tunku Abdul Rahman.

    “Kita semua adalah rakyat Malaysia. Inilah ikatan yang menyatukan kita. Marilah kita selalu ingat bahawa perpaduan adalah kekuatan asas kita sebagai rakyat dan sebagai sebuah negara.”

    And I think the parallel is true of the UK – we’re also a nation of many communities, of different backgrounds, but striving to unite as one country.

    We currently have a Prime Minister of Indian descent, a Home Secretary of Sierra Leonean descent, and a Scottish First Minister of Pakistani descent.

    But they’re all rakyat UK, with their own visions of how to make the UK better for its citizens.

    And there’s no question of where their loyalties lie!

    So it’s clear, the UK and Malaysia both have to find our place in a challenging and changing world, with diverse societies and many shared interests.

    How best to do this? For me the answer is the modern partnership between us that I envisage, with its four pillars I mentioned earlier.

    I will begin by talking about the first pillar, our international cooperation, when we work together to address global challenges.

    And I’ll start with a great example of where the UK and Malaysia are leading together.

    Malaysia and the UK are strong supporters of the rules based international system.

    And we both want to have a say in how the international rules are written on Artificial Intelligence.

    That’s why, back in October, we organised the first UK-Malaysia AI Conference in partnership with the Ministry of Science, Innovation, and Technology.

    This was the first international conference of its kind here in Malaysia, and it had speakers from the UK and Malaysia of course, but also from Australia, Singapore, and China.

    People at the cutting edge of this emerging technology came together to share views about the way it could and should be used, which will be key in keeping trust in this developing tech.

    And Science Minister Chang Lih Kang noted that this was really going to give the momentum to accelerate AI policy discussions in Malaysia, and help deliver the Malaysia AI Roadmap.

    Keeping to the science and technology theme, earlier this month I launched the International Science Partnerships Fund in Malaysia.

    ISPF, this fund, is designed to help unlock potential and foster prosperity, and will amount to 218 million pounds globally.

    It puts research and innovation at the heart of the UK’s international relationships, supporting researchers and innovators to work with peers around the world on some of the global challenges I touched on earlier.

    And it’s going to provide opportunities to make improvements not just in the UK and Malaysia, but regionally and globally.

    On climate change, I think we’ve seen some positive moves recently which will benefit both the UK and Malaysia.

    While a lot of focus on COP28 in Dubai was on the oil and gas industry, I don’t think we should lose sight of one great outcome.

    For the first time there has been a global agreement to transition away from fossil fuels – a crucial step to keeping the 1.5 degree goal alive.

    The UK was central to the outcomes from Dubai, pushing renewable energy goals, and loss and damage finance.

    We also pledged £2 billion for the Green Climate Fund which will help developing countries to make that transition.

    Here in Malaysia, we are facilitating discussion to enable knowledge sharing and prompt innovation for climate adaptation and mitigation.

    For example, we have an upcoming roundtable on flood management in cities scheduled for March 2024.

    That will bring together experts from the UK and Malaysia to share best practice on avoiding flooding where possible, and dealing with the aftermath where it’s not.

    We are also continuing to be a close partner for Malaysia in implementing its climate ambitions and transition to a green economy.

    We’re providing technical assistance on electricity grid and market reform.

    And it’s not all big tech – we’ve just started a new programme with Malaysia on sustainable aquaculture of seaweed which will support global food security.

    And here in the region, 2025 will be an important year for Malaysia as it takes over the Chairmanship of ASEAN.

    We’re looking forward to hearing more about Malaysia’s plans for the year, but expect focus areas to include boosting connectivity in the region, improving economic opportunities, and increasing people-to-people ties.

    As the UK is ASEAN’s newest Dialogue Partner, we want to show our support for Malaysia as the Chair.

    This would include being a bridge for Malaysia from ASEAN to the UN Security Council, where we were able to write and pass the first resolution on Myanmar in December 2022.

    But we also want to support target development of the region.

    We currently have five flagship programmes in ASEAN bringing people together for mutual benefit.

    These are on promoting women and girls’ education; women, peace and security; global health security; economic integration; and green transition.

    We won’t limit ourselves to these areas, and we hope to offer opportunities to work together across ASEAN’s economic, socio-cultural, and political-security areas.

    So that’s the first pillar, international cooperation.

    And on to what the Economic Club of KL is probably most interested in, pillar two, economics and trade.

    Well, of course both countries are open, maritime, trading nations.

    Trade is therefore a key pillar of the UK-Malaysia partnership.

    And the biggest news in this area is CPTPP.

    Now you might have thought that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, to give it the full name, might not be very relevant to the UK.

    But the UK is a large, liberal economy, and as an independent trading nation, we champion free and fair trade, fight protectionism, and remove barriers to trade at every opportunity.

    So joining CPTPP was always going to be a priority for us.

    As I touched on earlier, this is an age of rapid growth in the Indo-Pacific region.

    Countries in the Indo-Pacific are expected to drive the majority of global growth between now and 2050.

    And CPTPP covers 11 countries spanning Asia and the Americas, with a combined population of 500 million people.

    And the political shifts we face emphasise the importance of this trade agreement for all of us.

    Membership will help to deepen our relationships with this region and support shared security and prosperity.

    You’ll recall that’s an aim of our increased and sustained engagement with the Indo-Pacific.

    And joining CPTPP shows the UK is shaping its own trade policy direction since leaving the EU, doing trade deals that work for the UK.

    We’ve secured our place in the world as the second largest economy in a network of countries committed to free and rules-based trade and that is a global standards setter.

    It will mean that we will have a trade agreement covering a combined GDP of nearly £12 trillion—15% of global GDP.

    CPTPP positions British companies to expand into these new markets and follow the likes of HSBC, AstraZeneca and Arup who have been investing in this region (and Malaysia) for years.

    It means more than 99% of the UK’s current exports to other members become eligible for tariff-free trade.

    Tariff reductions can mean cheaper import prices, better choice and higher quality on a whole range of things.

    While the deal’s ambitious service provisions should also boost the £32 billion of services that British firms exported to CPTPP countries last year.

    And most importantly for me, CPTPP is of course the platform for our first ever free trade agreement with Malaysia.

    Meaning a boost for trade in goods such as cocoa and vacuum cleaners from Malaysia to the UK.

    And cars and financial services (and Scotch Whisky!) going the other way.

    Even before CPTPP comes into force, I’m very pleased to say that our bilateral trade is increasing.

    It was near to £6 billion annually to the end of Q2 2023 – the highest it has ever been – which was an increase of 8.5%.

    Investment continues to be strong in both directions.

    In the UK, TNB has made further acquisitions of solar energy facilities, adding to its portfolio of renewable energy in the UK including onshore and offshore wind assets.

    Berjaya Group opened a new multi-million pound retail and HQ development for its subsidiary HR Owen.

    And of course the Battersea Power Station development continues to grow.

    And in Malaysia, the British Malaysian Chamber of Commerce boasts 240 members.

    And we have seen the London Stock Exchange grow its presence and move to a new flagship office in KL, reinforcing its commitment to nurturing local talent and fostering economic growth in Malaysia.

    Pharmaceutical firm Smith and Nephew now has seven high precision manufacturing lines up and running in Penang, making the medical devices which will help Malaysia and the UK address some of the health challenges the world faces.

    So, things are moving in the right direction but there is more to do.

    We are planning for our first ministerial-led Joint Economic and Trade Committee, with the flashy acronym JETCO.

    We only have these with around 10 countries in the world: our priority economic partners.

    The JETCO will provide a forum for us to work together on making trade easier between our two countries, especially removing barriers to trade.

    In addition, in my first 6 months in the role, I brought our Minister for Investment to KL, for his first ever trip to Malaysia.

    And the Prime Minister’s Trade Envoy for Malaysia made his second visit of 2023 when he led a semiconductor roundtable in Penang and is about to make his third visit in the space of a year!

    Last year we also had visits from the Foreign Office Minister Anne-Marie Trevelyan and two of our Defence Ministers.

    And in the other direction we have seen a number of Malaysian ministers visit the UK – including the Deputy Prime Minister, the Minister of Trade, the Minister of Digital and the Minister of Renewable Energy and Climate Change – all close partners to us.

    You’ll notice many of these Ministers all deal with important areas of our trade relationship, but with an eye on modern solutions to global challenges.

    And at the High Commission we are particularly focussed on facilitating trade in the areas of clean growth, education, technology, healthcare and security.

    Obviously there is much more that we do across trade, and in the High Commission more broadly, but these sectors offer mutually benefits and show the opportunities from our modern partnership.

    And returning to CPTPP gives me a sweet way to end this section – Malaysia will be able to export more of the raw ingredients to the UK in order to make the original Cadbury’s chocolate to bring back the other way.

    That’s very important, as the Permaisuri Agong has told me it’s her favourite!

    So that’s a brief look at the economics and trade pillar.

    Onto the third pillar, on defence and security.

    As I mentioned at the start, I have recently spent time with the current Yang di-Pertuan Agong, who talked fondly of his time at Sandhurst, the UK’s Army officer training establishment.

    And many other royals including two of the Agong’s sons have had military training at Sandhurst, Britannia Royal Naval College, and RAF College Cranwell.

    But it’s not only open to royals, as hundreds of Malaysian officers have done the same.

    So there are strong military ties between our countries.

    And together with Singapore, Australia, and New Zealand, we agreed the Five Power Defence Arrangements, or FPDA, in 1971.

    This is currently the only standing multilateral defence agreement in Southeast Asia and is the second oldest multilateral military agreement in existence (after NATO) and is something we are very proud to be a part of.

    The FPDA provides a mechanism for Malaysian and British armed forces to exercise and train together regularly.

    As well as to learn from one another and develop new skills in new areas, such as unmanned aerial systems and cyber.

    And it’s also a demonstration of our commitment to security in the region.

    We’ve recently seen the first visits from two of our forward-operating Royal Navy offshore patrol vessels to Malaysia – that’s HMS Spey and HMS Tamar.

    These vessels are the peak of technology for vessels this size – in fact HMS Spey is regarded as the greenest ship in the Navy.

    And they help support regional partners such as Malaysia with joint exercises and training, and engagement on counter- smuggling, fishery protection, border patrol and counter terrorism operations.

    But it’s not just modern vessels.

    We work with Malaysia on sharing up-to-date interpretation of maritime law and maritime operations, running programmes for policy makers, think tanks, and the armed forces,

    And we do this both bilaterally and together with neighbouring nations, supporting and ensuring regional security and safety.

    So that’s a little of what we do on defence and security.

    And now I’d like to move on to the final pillar and circle back to where I began – with the links between the people of UK and Malaysia.

    A big part of this is around education and skills.

    I mentioned earlier that many Malaysians had studied in the UK.

    And it’s also possible to get a UK university education in Malaysia, at one of the campuses of five UK universities here.

    And we are also working in partnership with Malaysia on technical and vocational education and training, or TVET.

    Together, we have created on a new digital talent development roadmap.

    Helped build capacity of staff and trainers under the Ministry of Human Resources.

    And produced a gender and social inclusion TVET guide in collaboration with the Ministry of Human Resources and the Ministry of Youth and Sports.

    We also hope to continue working with Malaysia on its aspirations for making TVET a key driver for economic prosperity, such as through the National TVET Council, industry relations, and international qualifications.

    And improving as many lives as we can, and building the talent Malaysia needs for its future success.

    As you have heard, our relationship covers a huge range of aspects and interests.

    I’ve talked a lot about the various ways in which the relationship is strong and growing.

    On working together to address global challenges through science and technology, on the mutual benefits of economics and trade, on our impact on regional security and on our people-to-people links.

    Building on all of this, my ambition is to take the relationship to the next level.

    While I am here in Kuala Lumpur in 2027, the UK and Malaysia will celebrate the 70th anniversary of opening diplomatic relations.

    I’d like to mark that by setting our partnership on a new basis and establishing a new strategic partnership as we have with other close partners.

    One that allows us to maintain the strong relationship, insulated from the risk of political instability and change.

    The UK and Malaysia are very different in some ways, but strikingly similar in other ways.

    We both have incredibly diverse societies with many faiths, races and histories.

    We are both trading nations that rely on the global rules based system to flourish.

    We both have alliances and networks across the world.

    For me, that makes Malaysia and the UK ideal partners to work together on the areas I have spoken about today, for now and for the decades to come.

    Thank you for listening.

  • PRESS RELEASE : Export fund which has launched the overseas careers of Mercury Prize winners given fresh government backing [February 2024]

    PRESS RELEASE : Export fund which has launched the overseas careers of Mercury Prize winners given fresh government backing [February 2024]

    The press release issued by the Department for Business and Trade on 8 February 2024.

    The UK’s creative industries will be able to seize future opportunities and drive investment in the UK, thanks to new export funding.

    • Kemi Badenoch invites over 100 UK creators, innovators and exporters to a north London SME hub to promote thriving UK creating industries
    • Announces £1.6 million in Music Export Growth Scheme funding to boost 67 artists from across the UK and support homegrown musical talent
    • Scheme has promoted the careers of prize-winning artists and created a more than ten-fold return on investment for the UK

    The UK’s creative industries will be able to build on recent trade wins to seize future opportunities and drive investment in the UK, thanks to new government efforts to promote British exporters announced today (Thursday).

    Business and Trade Secretary Kemi Badenoch will host businesses for a meeting of the recently revamped Board of Trade at Tileyard, a creative industries hub in King’s Cross, London. The site is home to 150 music studios and 175 businesses, including some of the UK’s cutting-edge music, tech, and film and TV exporters.

    The Secretary of State will announce grants of £1.6 million via the Music Export Growth Scheme (MEGS) to boost British music exports. The scheme supports small and medium sized music companies to build on their commercial potential by profiling their artists in overseas markets. The uplift in funding – the biggest in the history of the scheme – will support 67 artists from across the UK.

    In the past ten years, MEGS has supported the international careers of more than 300 British artists including Dave, Jungle, Rina Sawayama, Kae Tempest and 2023 Mercury Prize winners Ezra Collective. Through 22 rounds, MEGS has invested over £6 million in British music, leading to an estimated £55.5 million financial return to the UK economy and a return on investment of nearly £14 for every £1 received from Government.

    Business and Trade Secretary and President of the Board of Trade Kemi Badenoch said:

    SMEs are the cornerstones of our communities and the lifeblood of our economy – their success is Britain’s success and we are backing them all the way.

    Whether it’s removing burdensome regulations, tackling access to finance or helping them to export overseas, my Department is working around the clock to help them grow their business.

    I’m delighted we’re able to back more artists than ever before. I congratulate the successful acts and look forward to seeing them bang the drum for Britain across the globe.

    The Board of Trade is one of the government’s highest profile advisory bodies on trade and economic issues. The Board was revamped by Kemi Badenoch last year in an effort to boost British exports around the world, and is now comprised of CEOs from leading food and drink, education and creative industry companies including Sir Lucian Grainge, CEO of Universal Music, and Paul Golding CBE, Chair of Pinewood Group.

    Building on the Government’s recently launched Help to Grow campaign and new Small Business Council, today’s Board meeting will discuss how to break down trade barriers so UK exporters can sell more products and services around the world.

    Culture Secretary Lucy Frazer said:

    The Music Export Growth Scheme has been launching careers internationally for a decade, supporting more than 300 artists, including some of Britain’s most successful acts like Dave, Rina Sawayama and Ezra Collective, while generating more than £55 million for the economy.

    Thanks to this latest round of funding – the biggest in MEGS’ history – the scheme will maximise the potential of a new generation of home-grown talent, as part of our ambitious plans to grow the creative industries by £50 billion and support one million more jobs by 2030.

    Dr Jo Twist OBE, BPI Chief Executive said:

    We’re delighted to announce the biggest round of MEGS funding to date, supporting close to 70 talented and diverse UK artists to take their careers to the next level – building new fanbases globally while boosting British exports.

    At a time when UK artists face more competition than ever, we’re grateful to Government for its recognition of the scheme as an essential resource in enabling new British talent to break through on the global stage, while seeing excellent financial returns for music exports.

    We only need to look at the success of artists that MEGS has supported over the last ten years to showcase its cultural and financial importance. Therefore, it’s vital that Government continues its support to ensure the UK remains a global music power.

    The Music Exports for Growth Scheme sits alongside other government work to drive the international success of our creative industries. DBT’s flagship International Showcase Fund, for example, is supporting a range of SMEs to attend world’s most prominent domestic and international events this year, including London Fashion Week, Cannes Lions, and South by South West (SXSW), which takes place in Austin Texas next month. Since 2020, MEGS has supported a total of 33 artists to perform at SXSW.

    Today’s event comes during National Apprenticeship Week. As part of that, ministers and advisers will also meet companies who train apprentices at Tileyard, including Small Green Shoots, who work with young and disadvantaged people via apprenticeships in the music industry.

    Today’s Board of Trade event will culminate in a celebration of UK innovation and creativity for over 100 businesses, marking one year since DBT’s formation as a government department. The reception will feature a performance from George Bone, a singer singer-songwriter based at Tileyard.

    Nick Keynes, Tileyard London Co-Founder, said:

    Tileyard London is absolutely delighted to be hosting the first Board of Trade event of 2024 to help celebrate the ‘year of the SME’. Tileyard is home to some of UK’s leading creative businesses, content creators, creative entrepreneurs and innovators, so we very much look forward to welcoming the Board of Trade and their many affiliates to our campus for this exciting initiative.

    Our mission for the past 10 plus years has been to create an environment within which members of our community can build and grow thriving creative businesses, and our continued dedication to this is at the core of everything that we do here at Tileyard.

    Notes to editors:

    • Alongside the Board of Trade, the Department for Business and Trade provides a range of country and market specific support to exporters of all sizes. This includes the Export Support Service, Export Champions, International Trade Advisors and UK Export Finance, all targeted at getting businesses across the UK exporting more. Since the start of 2022, the department has resolved trade barriers estimated to be worth over £15 billion to UK businesses over a five year period. In 2023, this was equivalent to removing around £1 million of trade barriers every single hour.

    Statistics:

    • UK exports were £870 billion in the 12 months to end of November 2023, an increase of £44 billion (5%) in current prices compared to the 12 months to November 2022. Source: https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/november2023
    • At the start of 2023 there were 5.5 million SME businesses (with 0 to 249 employees), 99.9% of the total business population. Source: https://www.gov.uk/government/statistics/business-population-estimates-2023

    2.5 million people were employed in the UK creative industries between July 2022 and June 2023, of which 69% were employed outside London. Source: https://www.gov.uk/government/statistics/economic-estimates-employment-in-dcms-sectors-and-digital-sector-july-2022-to-june-2023

  • PRESS RELEASE : Efforts to tackle small pension pots step up a gear [February 2024]

    PRESS RELEASE : Efforts to tackle small pension pots step up a gear [February 2024]

    The press release issued by the Department for Work and Pensions on 8 February 2024.

    New group comprised of government and pension industry representatives to look at helping savers track their pensions.

    Members will discuss the design and implementation of the proposed new consolidation system as part of new Small Pots Delivery Group.

    This represents a vital step in delivering greater value for money which could benefit the average saver by £700 at retirement.

    A new group designed to help savers track their pensions was launched yesterday (7 February) by Pensions Minister Paul Maynard.

    The new system is designed to put savers first and ensure a better functioning pension market. It involves a small number of authorised schemes working to consolidate small pension pots on behalf of savers.

    Pensions Minister Paul Maynard said:

    Deferred small pots are costly, inefficient, and hard to keep track of.

    This group will help in crafting a cost-effective and efficient system, ensuring better financial security and greater value for money for millions of savers.

    Deferred small pots are small pension pots left inactive, often from a previous job, and typically contain small amounts of money.

    Currently, these are a drag on the pension system making it harder for people to make informed decisions about – and keep track of – their pension, reducing the amount they may have in retirement. Some savers even lose track of their pots altogether due to having multiple pots from different jobs.

    The successful introduction of Automatic Enrolment in 2012 brought millions of workers into workplace pension saving, often for the first time. In 2022 for example, employees across the UK saved £116 billion into their pensions – a real-terms increase of £29 billion compared to 2012.

    However, with this has come rapid growth in the number of deferred small pots – without intervention this could result in annual administrative costs by 2030 of up to £225 million.

    Helping to deliver on the chancellor’s Mansion House reform package, the new Small Pots Delivery Group will provide recommendations on how best to implement the proposed multiple default consolidator approach – which was set out in the government’s consultation response in November 2023.

    Further Information:

    • This work comes on top of wider initiatives, including multiemployer Collective Defined Contribution (CDC) schemes, the Value for Money Framework, and the development of decumulation products. Combined, these could improve the opportunity for investment and deliver better outcomes for members.
    • The Delivery Group will be chaired by the DWP and has representation from:
    • The Financial Conduct Authority
    • The Pensions Regulator
    • Pension and Lifetime Savings Association
    • Association of British Insurers
    • Pensions Administration Standards Association
    • Chartered Institute of Payroll Professionals
    • Association of Pensions Lawyers
    • Which?
    • Federation of Small Businesses
    • Confederation of British Industry
    • Chair of the industry led Small Pots Coordination Group
    • Pensions Policy Institute
  • PRESS RELEASE : Current tensions reinforce the importance for Kosovo and Serbia to return to the EU-facilitated dialogue: UK statement at the UN Security Council [February 2024]

    PRESS RELEASE : Current tensions reinforce the importance for Kosovo and Serbia to return to the EU-facilitated dialogue: UK statement at the UN Security Council [February 2024]

    The press release issued by the Foreign Office on 8 February 2024.

    Statement by Ambassador James Kariuki at the UN Security Council meeting on Kosovo.

    Thank you, President, and I thank Special Representative Ziadeh for her briefing today. I also welcome the participation of President Vucic and Prime Minister Kurti in our meeting.

    President, next week marks the 16th anniversary of Kosovan independence. The UK welcomes the progress it has made as a sovereign state in that time.

    Yet for many years the absence of a normal relationship between Kosovo and Serbia has had implications for regional stability and for communities in both countries.

    Current tensions reinforce the importance for Kosovo and Serbia to engage with renewed commitments in EU-facilitated dialogue, and to make progress towards the normalisation of relations.

    The UK will continue to work in support of this goal alongside our wider efforts to build regional stability.

    Three immediate steps can help support this goal.

    First, Kosovo and Serbia should honour their existing commitments and avoid unilateral actions or rhetoric that could reduce prospects for a comprehensive and sustainable normalisation agreement.

    Second, Kosovo should exercise its sovereign powers in a way that is consistent with the vision of a multi-ethnic democracy embedded at the heart of Kosovo’s constitution.

    Through its recent actions, Kosovo’s central bank has sought to fulfil its responsibility to regulate the operation of foreign currencies. But the Kosovo Government’s implementation of these measures so far has shown insufficient regard for the impact on Kosovo’s minority communities.

    Kosovo’s authorities should set out a clear plan to ensure that all affected Kosovo Serbs can continue to receive their incomes, and that essential services can operate until a sustainable solution is found.

    Finally, President, the UK calls on Serbia to ensure that those responsible for the attacks in Banjska in September are held to account.

    Regional stability and the interests of all communities are best served by the creation of a conducive environment that will allow further progress under the EU-facilitated dialogue.

    Thank you.

  • PRESS RELEASE : UK defence industry spending tops £25 billion for first time [February 2024]

    PRESS RELEASE : UK defence industry spending tops £25 billion for first time [February 2024]

    The press release issued by the Ministry of Defence on 8 February 2024.

    Defence spending with UK industry by the Ministry of Defence has topped £25 billion for the first time, official statistics have revealed.

    • Official breakdowns show increases in almost all areas and nations
    • Notable increases in spending recorded in Northern Ireland and Wales
    • Figures show more than 200,000 jobs are supported through the UK’s defence industry

    The 2022/23 statistics, published today, detail the money spent by the MOD with UK defence companies. The breadth of spending highlights the government’s commitment to continually improving the defence sector, while supporting the economy and creating hundreds of thousands of jobs across the country.

    Yorkshire and The Humber saw a doubling in overall expenditure, the highest of all areas, while Wales saw a 25 per cent rise in the same figure.

    An average of £370 is being spent with the UK defence industry for each person living in the UK, showing the level of spending that helps keep the nation protected.

    The latest jobs figures – published in the summer – also show 209,000 UK jobs are supported through the MOD’s expenditure with our defence industry.

    Defence Secretary, Grant Shapps said:

    As threats increase across the globe, it’s crucial that investment in our Armed Forces matches that picture.

    That’s why we’re spending more than £50 billion annually, helping equip our military with cutting-edge capabilities, so they can continue to protect our freedoms around the clock.

    These statistics demonstrate how all parts of the UK are playing their part in that crucial work, delivering through our fantastic defence industry and boosting local prosperity.

    The UK has experienced its third consecutive year of increased spending, with the Southeast of England receiving the highest MOD Expenditure with UK Industry, followed by the Southwest.

    Wales and Northern Ireland saw an increased level of expenditure compared to last year’s statistics, highlighting the key role the Nations play, with Scotland leading the investment with more than £2 billion spent annually.

    Background

    • The stats published on Thursday 8 February regarding spend with UK industry can be found here.
    • The latest figures on jobs supported through UK industry can be found here.
  • PRESS RELEASE : The United Kingdom is clear that multilateralism is the best tool to tackle the shared challenges of the 21st century – UK statement at the UN General Assembly [February 2024]

    PRESS RELEASE : The United Kingdom is clear that multilateralism is the best tool to tackle the shared challenges of the 21st century – UK statement at the UN General Assembly [February 2024]

    The press release issued by the Foreign Office on 7 February 2024.

    Statement by Ambassador James Kariuki at the UN General Assembly 54th plenary meeting 78th session.

    Thank you President, and thank you Secretary-General for your report. The United Kingdom is clear that multilateralism is the best tool we have to tackle the shared challenges of the 21st century. Let me highlight three areas.

    First, we must strive for peace, upholding the principles and agreements to which we have collectively committed. Two years since its illegal invasion, Russia continues to launch indiscriminate attacks on Ukrainian civilians. In Gaza, we witness the harrowing impacts of the humanitarian crisis on Palestinian civilians.

    2024 should be the year that Russia withdraws its troops from Ukraine and ceases its aggression. We must immediately address humanitarian need in Gaza and take action to secure a sustainable, permanent ceasefire and bring peace and security to both Israelis and Palestinians.

    Second, the United Kingdom is committed to ending extreme poverty, tackling climate change and biodiversity loss and promoting gender equality. We will champion action to accelerate progress towards the SDGs, including through UN and international financial system reform. UK priorities will be mobilising more and better development and climate financing, and promoting greater access to education, economic opportunities and the protection of sexual and reproductive health rights for all women and girls.

    And finally, we look forward to the Summit of the Future as an opportunity to rebuild trust and strengthen the multilateral system. The UK is concerned by the financial challenges facing the organisation and we are committed to stabilising UN finances to ensure that the organisation can serve those in need.

    The UK looks forward to working with you and all Member States in the year ahead.

    Thank you.