Brexit: Outstanding Commitments

Baroness Kramer Excerpts
Wednesday 6th February 2019

(5 years, 9 months ago)

Lords Chamber
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Baroness Kramer Portrait Baroness Kramer (LD)
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My Lords, I thoroughly agree with everything the Minister just said: if we do not honour an obligation that we signed up to, we will have difficulty negotiating a sensible deal with the EU. Does he also recognise that the way we handle this is being watched around the globe? If we are seen as people who do not meet obligations—trying to find some technical angle or way to weasel out of a commitment that we have made—we will have no chance of getting future trade agreements of any value.

Lord Bates Portrait Lord Bates
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The noble Baroness is right. We need to remember that our net contribution, because of the way it is calculated, is made up not just of what the UK sends to the European Commission but of what the European Commission sends to the UK. Therefore, there are two parties to this; both are making contributions, and both need to honour their obligations. We believe that the financial settlement does just that.