Europe, Human Rights and Keeping People Safe at Home and Abroad

Debate between Hilary Benn and Tom Brake

Tuesday 24th May 2016 Commons Chamber

[Tom Brake]

Will the right hon. Gentleman give way?

[Hilary Benn]

I will, but then I must make a little more progress.

[Tom Brake]

Does the right hon. Gentleman agree that when the Brexiters campaign on the issue of trade, they should be aware of the fact that India currently invests more in the United Kingdom than in all the other EU countries put together, and that the UK invests more in India than any other G20 country?

[Hilary Benn]

The right hon. Gentleman is absolutely right, and he has given me the opportunity to add to his point. We are the most successful country in the European Union—more successful than Germany, more successful than France—in attracting foreign direct investment. There are a number of reasons for that, some of which I mentioned at the beginning of my speech, which the Chair of the Select Committee welcomed; but there is no doubt that one of the reasons is the fact that we are part of a single market consisting of 500 million people.