(6 years, 2 months ago)
Lords ChamberWe want to ensure that UK and US businesses can continue to trade easily. Together, we have around $1 trillion invested in each other’s economies. The US is our largest single trading partner and top export destination. President Trump is coming to the UK at the end of next week and it will be an opportunity for us to have full and frank discussions and to advance our common interests.
My Lords, the thing that is unpredictable about President Trump is that he is occasionally right. He is certainly right to have complained that the other members of NATO are not contributing their fair share and that the United States and United Kingdom are carrying a disproportionate burden. Was this matter raised at all at the summit and, if not, should it not be?
Yes, it was raised at the summit and there was a session with the Secretary-General of NATO. That was a point that the Prime Minister made. I think there has been an understanding from other European leaders about this. Indeed, Chancellor Merkel herself has said that the President has a point. So, yes, it was discussed and obviously there will be further discussions in the NATO summit next week.
(6 years, 6 months ago)
Lords ChamberAs I said in my response to the noble Baroness and the noble Lord, yes, the Prime Minister has said that obviously we will have different access to the European market, but we are also committed to developing a broad and deep relationship with the EU and to having trade agreements elsewhere. We have committed to providing Parliament with appropriate analysis ahead of the final vote on the deal.
Will my noble friend confirm that it is now the Government’s view that withdrawing from the customs union and the single market will have a damaging effect on the UK economy, as well as creating a problem for the Northern Irish border? If that is so, is that not a very strange position from which to start the negotiations? Should Parliament not have an option of voting at this stage on whether those particular red lines, which would have a damaging effect on the entire population of this country, are going to happen?
I am afraid I do not agree with my noble friend. As the Statement set out, the EU has formed a customs union with other countries but those arrangements, if applied to the UK, would mean the EU setting the UK’s external tariffs, being able to let other countries sell more into the UK without making it easier for us to sell more to them, and the UK signing up to the common commercial policy, which could not be compatible with a meaningful trade policy. We are leaving the customs union and the Prime Minister has set out two potential options for our future customs relationship.
(6 years, 8 months ago)
Lords ChamberThank you. We hope to have reached sufficient progress on phase 1 negotiations by the end of the week and we look forward unitedly to helping to ensure that this country has the best future ahead, with a strong relationship with the EU on different terms.
My Lords, is it not increasingly apparent that there is in reality no way to avoid a hard border unless we remain in the single market or some equivalent to it? What has happened in these discussions is that the issue has been effectively passed to where it ought to have been in the first place, namely, the negotiations on trade. I welcome that fudge because it means that the process continues, but at the end of the day there is no way to avoid a hard border without the equivalent of the single market.
I am afraid that I do not accept that premise because we believe the best way to avoid a hard border is to negotiate the right trading relationship between the UK and the EU, and that is what we will now be able to do. Discussions on the border will be a critical part of the phase 2 negotiations.
(7 years, 2 months ago)
Lords ChamberI thank my noble friend. As I said, we are taking this matter extremely seriously and it is one of the first issues that we have raised in the negotiations. We have put forward a comprehensive offer and look forward to discussions. As I said, our partners in the EU are keen to sort out this issue as soon as possible, as are we, and this is a starting point from which we hope to begin detailed discussions next month.
My Lords, the Brexit Secretary has stressed that in the negotiations nothing is agreed until everything is agreed. Does that not mean that on some issues there will be so much delay that particular interests, whether individual citizens or financial institutions, will take action ahead of any agreement and may, for example, have already left the United Kingdom?
My noble friend raises an important issue and that is why we are trying to discuss this matter at a very early stage. We want to see whether, with the EU, we can come forward with proposals that give people the certainty they want, and we believe that we have put forward a fair and serious offer to begin those discussions.