Brexit: Trade

Debate between Baroness Mobarik and Lord Pearson of Rannoch

Tuesday 1st November 2016 Lords Chamber

[Baroness Mobarik]

I am sorry, but I only half-heard that question, first, because of the enthusiasm of my noble friends behind me but also because of the length of the question or questions. Perhaps the noble Lord would pick out one question and then I will answer.

[Lord Pearson of Rannoch (UKIP)]

My Lords—

[Lord Deben (Con)]

What estimate has my noble friend made of the value of the additional trade that would be available to the United Kingdom through a free trade agreement or agreement under very special arrangements with Australia that is not now available to us as a member of the world’s largest trading community, the European Union?

[Baroness Mobarik]

I do not have figures for what might happen. All I can say is that we currently have about £10 billion worth of trade in goods and services with Australia. We are in the fortunate position of having the same legal system, the same language and the same culture, which are all positive factors in negotiating a free trade agreement further to enhance what we already have.

[Lord Pearson of Rannoch]

My Lords—

European Union and Canada: Comprehensive Economic and Trade Agreement

Debate between Baroness Mobarik and Lord Pearson of Rannoch

Thursday 27th October 2016 Lords Chamber

[Baroness Mobarik]

We want the best deal for the whole of the United Kingdom. The UK is a unique case. We want to negotiate something bespoke, but that is not to say that we are not looking at every single region of the United Kingdom to see what is best for it.

[Lord Pearson of Rannoch (UKIP)]

My Lords—