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International Trade

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About International Trade


International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product.

Agoa Forum: Has the US trade pact benefited Africa?

Agoa Forum: Has the US trade pact benefited Africa?
Nov 1,2023 11:31 pm

... 4bn, mostly oil, while Kenya came third with about $523m, according to statistics from the US International Trade Commission (ITC) and US Department of Commerce...

Big banks linked to products with pangolin and leopard parts

Big banks linked to products with pangolin and leopard parts
Oct 24,2023 8:51 pm

... Both are also listed on the CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) treaty which prohibits international commercial trade in them and their parts, in a bid to ensure their survival in the wild is not threatened...

Angela Rayner handed new role as Keir Starmer reshuffles top team

Angela Rayner handed new role as Keir Starmer reshuffles top team
Sep 4,2023 10:41 am

... Nick Thomas-Symonds, whose International Trade brief was merged with the business department, has been handed a more junior role shadowing the Cabinet Office...

Turtle swept 4,000 miles to Wales flies home to Texas

Turtle swept 4,000 miles to Wales flies home to Texas
Aug 30,2023 12:10 pm

... The Convention on International Trade in Endangered Species of Wild Fauna and Flora () is an international agreement between governments...

UK inflation and interest rates high - how do other economies compare?

UK inflation and interest rates high - how do other economies compare?
Jul 22,2023 9:50 pm

... Also International Trade being slower to recover from that shock than it was in other major countries...

The tech flaw that lets hackers control surveillance cameras

The tech flaw that lets hackers control surveillance cameras
Jun 26,2023 7:30 am

... Hikvision cameras are used to monitor many government buildings too - in a single afternoon in central London, Panorama found them outside the Department for International Trade, the Department of Health, the Health Security Agency, Defra and an Army reserve centre...

Labour defends donations from Just Stop Oil backer Dale Vince

Labour defends donations from Just Stop Oil backer Dale Vince
May 31,2023 5:10 am

... Shadow International Trade secretary Nick Thomas-Symonds said Labour had been " extremely clear on our views on Just Stop Oil"...

Ivory ban to extend to hippos and killer whales

Ivory ban to extend to hippos and killer whales
May 22,2023 9:20 pm

... The five species are listed in the Convention on International Trade in Endangered Species of Fauna and Flora (CITES), which regulates their trade internationally...

Which MPs have second jobs and how much do they earn?

May 18,2023 7:41 am

The Second jobs of MPs are under scrutiny after former minister.

International Trade Secretary Anne-Marie Trevelyan said on Monday it would be.

Are MPs allowed second jobs?

Yes, as long as they are not a minister.

More Than 200 MPs have received earnings in the Last Year on top of. The Extra earnings range from £50 a year to almost £1m.

This video can not be played

To play this video you need to enable JavaScript in your browser. Media caption, Boris Johnson on MPs' standards: " We take all this very seriously"

MPs must any additional income, along with gifts, donations and shareholdings over 15%.

Those who leave government must consult the Advisory Committee on Business Appointments about any jobs they want to take up in the two years after leaving their post.

All MPs are " strictly forbidden" from getting paid " In Return for advocating a particular matter" in Parliament.

Having MPs with second professions has previously been seen as a good thing.

In 1995, the standards committee said that not having them would. It argued that Parliament needed " a wide range of current experience which can contribute to its expertise".

The current debate is mainly regarding MPs who earn money as consultants or advisers. Less controversial second jobs range from doctors and nurses, to referees and musicians.

Which MPs have worked as consultants in the Last Year ?

The Following MPs have registered income from consultancy work on the in the Last Year . There is no suggestion that any of the MPs listed below have broken any rules.

Andrew Mitchell (Conservative) holds six consultancy jobs, supporting investment banks and accountancy firms. He has registered More Than £180,000 for 34. 5 days' workJulian Smith (Conservative) is earning £144,000 for 62-84 hours' work for three companies, including advising on energy and renewable fuelsFormer transport and justice secretary Chris Grayling (Conservative) earns £100,000 to advise Hutchison PortsMark Garnier (Conservative) is paid to sit on the advisory boards of two companies in the space and satellite industry, committing 20 hours a month for an annual payment of £90,000Sir Ed Davey (Lib Dem) works as a consultant for two firms alongside his job as leader of the Liberal Democrats . He says his extra £78,000 income goes towards supporting his disabled sonAlun Cairns (Conservative), who left his post as Welsh Secretary in 2019, earns £60,000 advising three companiesRuth Edwards (Conservative), who has represented Rushcliffe since 2019, commits to 192 hours for £60,000 per year, advising a software companyStephen Hammond (Conservative) advises an Investment Company on political issues for £60,000 a yearSince leaving his role as health minister in 2019, Steve Brine (Conservative) has joined three firms, including Sigma Pharmaceuticals. He earns almost £60,000 for 288 hoursDavid Davis (Conservative) earns just over £50,000 as an adviser to two German companiesJohn Hayes (Conservative) offers up to 90 hours of his time annually to international energy company BB Energy Trading, earning £50,000Former party leader and cabinet minister Iain Duncan Smith (Conservative) advises two health companies for £45,000 Damian Green (Conservative) advises transport company Abellio on rail policy for 288 hours and £40,000 annuallyTim Loughton (Conservative) receives £37,000 for advising a children's services providerDaniel Kawczynski (Conservative) provides " general advice" to an American mining firm, earning £36,000 a yearAndrew Percy (Conservative) receives £36,000 a year for advising a Canadian Clean Energy company for six hours a monthKhalid Mahmood (Labour) has committed up to 15 hours a month advising the Policy Exchange Think Tank on issues including extremism. He receives a salary of £25,000 a yearLaurence Robertson (Conservative) advises the Betting and Gaming Council for £24,000 a year. He is expected to commit 10 hours a monthRichard Fuller's (Conservative) outside earnings include £20,000 as an advisory director of an investment companyChair of The House of Commons justice committee Sir Bob Neill (Conservative) has been receiving almost £20,000 for two consultancy roles, including a Law Firm . One of the roles ended earlier this yearRoyston Smith (Conservative) has received £18,000 since May 2020 for 30 hours' work as a consultant for a property companySir Greg Knight (Conservative) advises a bank for £16,000 a year on " general business and public relations" Until earlier this year, Ben Everitt (Conservative) committed 60 to 80 hours a year to advising The Institute of Chartered Accountants for £15,000Andrew Bridgen (Conservative) offers political advice for £12,000 a year, to a company which grows teak in Ghana Philip Davies (Conservative) earns £12,000 annually as a parliamentary adviser to The National Pawnbroking AssociationSir Graham Brady (Conservative) earns £10,000 a year for 12 Hours work as a strategic adviserFormer universities minister Chris Skidmore (Conservative) provides advice on Higher Education for £10,000 a yearPaul Maynard (Conservative) earns £6,250 a year as a consultant to a banking services company. He says his earnings go straight to charityJohn Redwood (Conservative) is an adviser for a private equity fund, for which he earns £5,000Until earlier this year, Andrew Lewer (Conservative) provided public policy advice to a property firm for £4,800 per yearDean Russell (Conservative) has received just over £2,000 in 2021 as a consultant for a business training companyWhat about other jobs?

Most of the MPs who have second jobs are not consultants.

Some of the highest earners in The House of Commons are lawyers.

Geoffrey Cox , who was Attorney General during The Height of the Brexit Negotiations , has registered a total of £970,000 income in the Last Year , for 705 hours of legal services.

A Number of MPs are also employed as doctors and nurses. Some have continued to work on the NHS Front Line during the pandemic.



Source of news: bbc.com

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