Baroness Ludford
Main Page: Baroness Ludford (Liberal Democrat - Life peer)Department Debates - View all Baroness Ludford's debates with the Leader of the House
(7 years, 8 months ago)
Lords ChamberI think all of us around the House share the noble Baroness’s concern. I am not aware that it was discussed, but obviously I was not there either. Perhaps I could confirm whether that is the case and let her know, but it was not on the formal agenda, no.
My Lords, the Minister just referred to the aim of a comprehensive free trade agreement with the EU, and I wondered whether the Government have reflected on a couple of references in the summit conclusions to relations with trade partners. One said that,
“the EU has to equip itself with modernised … tools to tackle unfair trade practices and market distortions”.
Another said:
“The EU will be particularly vigilant concerning the respect and promotion of key standards”.
That was particularly directed at China, but it might well be directed at other trade partners. In the light of the threat by the Chancellor a couple of months ago suggesting an alternative economic model in the UK—generally thought to mean low tax and low regulatory standards—have the Government reflected on where it would lead in terms of undermining any ambition of a comprehensive FTA if we do not maintain high standards?
My Lords, as I have said, we anticipate a positive deal between us and the EU. Of course we start negotiations from the unique position of sharing many of the identical rules and regulations, so we are positive and optimistic going into these negotiations.