Crown Dependencies

Debate between Lord Flight and Baroness Goldie

Wednesday 19th July 2017 Lords Chamber

[Baroness Goldie]

He raises a substantive issue which is somewhat wide of the original Question, but that is not in any way to diminish the importance of the overseas territories, prominent among which is Gibraltar. These close discussions continue and the interests of the overseas territories are very much in the minds of the negotiators.

[Lord Flight (Con)]

My Lords, the Minister will know that the Channel Islands never joined the Common Market and are not members of the EU. Therefore, their position very much depends on the arrangements that they enter into with us and, in particular, their position in the queue to be able to market their financial services in the EU under the new equivalence regime.