Lord Gadhia
Main Page: Lord Gadhia (Non-affiliated - Life peer)(6 years, 10 months ago)
Lords ChamberWell, quite a lot of the detail with the WTO will actually be on a quite technical basis, but some of the more complicated areas, such as TRQs and AMS, are absolutely part of our conversation. We have agreed with the EU Commission to split the TRQs and we are now discussing that with our partners to ensure that we get the best deal we can.
My Lords, does my noble friend agree that the nature of splitting a tariff rate quota is such that the initial response from any of our international trading partners will be to try to get the entirety of that quota shifted to the remaining members of the EU, and therefore as my noble friend Lord Livingston said, initially we are bound to get objections to our proposed split, but ultimately it is actually a matter for negotiation?
I absolutely agree with my noble friend. We have made it clear that we are not looking to increase access for our trading partners. Obviously, if we did say that, we would displace local producers in the UK and affect other WTO members who export to the UK through different schemes—for example, developing countries which would also see their trade erode.