Brexit: Trade Arrangements

Debate between Lord Bridges of Headley and Lord Lamont of Lerwick
Thursday 12th January 2017

(7 years, 10 months ago)

Lords Chamber
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Lord Bridges of Headley Portrait Lord Bridges of Headley
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The noble Lord, with his usual forensic skill, puts me in an interesting position. Let me just repeat what has been said. As a Government, my fellow Ministers and I have had numerous conversations with business, and the noble Lord is absolutely right that there is a considerable amount of interest and concern in certain quarters as to what will happen at the end of the two-year period. We are very focused on that. As the Prime Minister has said, we want to avoid a cliff edge. We want to provide certainty where we can and are looking at all the options, although I am not in a position here and now to go into that. Clearly, some of those options will be dependent on what comes out of the negotiations, but rest assured we are very mindful of this issue.

Lord Lamont of Lerwick Portrait Lord Lamont of Lerwick (Con)
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Would my noble friend distinguish between a transitional negotiating phase and the transitional implementation phase? Surely there is no reason why the negotiations might not be completed in two years, whereas the implementation, in order to avoid a cliff edge, might take place over a longer period. But that is entirely different from what the noble Lord was suggesting.

Lord Bridges of Headley Portrait Lord Bridges of Headley
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My noble friend is absolutely right, and once again we need to be very precise in the use of our language here. In many treaties there are periods for implementation. In other treaties, heads of terms might be negotiated and they are a bridge between those heads of terms and the end date. We need to be very clear what we are talking about.

Next Steps in Leaving the European Union

Debate between Lord Bridges of Headley and Lord Lamont of Lerwick
Monday 10th October 2016

(8 years, 1 month ago)

Lords Chamber
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Lord Lamont of Lerwick Portrait Lord Lamont of Lerwick (Con)
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My Lords, I welcome the Minister’s Statement. He is quite right to emphasise how absurd it is for the Opposition to advocate that the actual aims of the negotiation should be paraded in public. When the Minister hears the Opposition preaching the merits of membership of—not access to—the single market, will he perhaps remind Members opposite that there are some disadvantages to such membership? These include the facts that we cannot make our own trade deals, that we must accept regulation applying not just those to firms that export to Europe but to the whole of the economy, and that we must make a significant financial contribution equal to 0.5% of GDP. These are significant things that cannot be wished away.

Lord Bridges of Headley Portrait Lord Bridges of Headley
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My noble friend makes some very wise points, coming from the position that I know he does. It is absolutely critical that as we go on we are very clear and precise in the terms we use. As he rightly said, there is a great difference between membership and access. In the debate over the last few weeks, people have become rather confused on this. I agree that it is critical that we are clear what we are talking about. On where we are going, as I said, I am not in a position at the Dispatch Box to go further in defining the Government’s course of action other than to say that clearly we are considering a whole range of options, but equally clearly it is in our interests to ensure that we get the maximum freedom for business to trade with and within the single market.

Brexit: Single Market

Debate between Lord Bridges of Headley and Lord Lamont of Lerwick
Wednesday 14th September 2016

(8 years, 2 months ago)

Lords Chamber
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Lord Bridges of Headley Portrait Lord Bridges of Headley
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My Lords, I thank the noble Lord for drawing that paper to my attention. I have actually seen it and it is extremely interesting. It sets out a number of questions and outlines some—just some—of the complexity that we face. I will not be drawn on his point, I am sorry to say. I know how frustrating it is for all noble Lords with regard to the position that we are in, but, as I said in the Statement last week, we are analysing the position, analysing the options open and determined to come up with the best deal and the best outcome for our country.

Lord Lamont of Lerwick Portrait Lord Lamont of Lerwick (Con)
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Will my noble friend acknowledge that there is a difference between access to the single market and membership of the single market? Will he recognise the fact that many countries have increased their exports to the single market more than we have and are not members of the single market? If EU law continues to be applied to companies in this country that are not even exporting to the EU, Brexit will not mean Brexit.

Lord Bridges of Headley Portrait Lord Bridges of Headley
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My noble friend makes a number of very good points. He is right to draw a distinction between access and membership. I would add that we are—and we must never forget this—negotiating from a position of considerable economic strength in this country, endorsed once again by the employment statistics that came out today. Therefore, as we enter these negotiations, that should buoy us.