(3 years, 4 months ago)
Lords ChamberMy Lords, as this review sadly confirms, rather than emerging from Brexit as global Britain, the country now inhabits a kind of diplomatic limbo. The omission, at the UK’s insistence, of foreign policy and defence from the trade and co-operation agreement with the EU, together with the failure to agree a trade deal with the US reflecting the Biden Administration’s concerns about Brexit and its potential consequences for the island of Ireland, mean that the Government are left aspiring to a global role without having secured the alliances or the resources they need.
The Government say that they want to tilt their international relationships in the direction of Asia—a region that has recently provided about 20% of the UK’s trade, as opposed to almost half with the EU. The PM’s cancelled visit to India was planned for this purpose. However, outside the huge EU single market, the UK frankly ranks as a mid-sized power and lacks negotiating leverage. Britain is just 18th on the list of trading partners with India, a traditionally protectionist economy.
In view of the current massing of troops at the Ukrainian border, the review rightly identifies Russia under Vladimir Putin as an active threat. However, the Conservative Party continues to accept donations from London-based Russian oligarchs, and it has failed to implement any of the recommendations of the long-delayed Russia report of the British Intelligence and Security Committee of Parliament, finally published in July last year.
By contrast, despite major human rights violations in Hong Kong and Xinjiang, China is described in the review as merely a “systemic challenge”. The decision to go for a hard Brexit, which cuts off trade links with the EU, increases incentives to trade with China. The Government have been using heavy-handed tactics to block the genocide amendment to the Trade Bill and the Foreign Secretary has been hinting off the record at double standards in trying to secure certain trade deals. Compromising our common values on China would likely further damage the prospects of close co-operation with the United States. Indeed, at last week’s US-Japan summit there was pressure by the US on Japan to decouple supply chains from China.
The concept of Britain punching above her weight also seems nostalgic, especially with a £17 billion defence equipment budget hole and day-to-day defence spending being cut by 2.7% in real terms over the next four years. Instead of reducing our stockpile of Trident nuclear warheads to 180, the Government’s unexplained intention is to increase the cap to 260—a violation of the UK’s international non-proliferation treaty commitments. With the urgent need to invest and re-equip our health and care services after Covid, how on earth can we afford money-wasting spending on weapons of mass destruction when we have enormous capability anyway? The Government’s disgraceful decision to cut foreign aid from 0.7% of GDP to 0.5% will damage the UK’s leadership of the G7 and the climate summit later this year.
Britain’s credibility is also being damaged by threats to our own UK union and by the current dysfunctional relationship with the EU, our largest trading partner and the biggest, richest market in the world right here on our doorstep. Global Britain? More like parochial, shrunken Britain under this Government, sadly.
The noble Baroness, Lady Sheehan, has withdrawn, so I call the noble Lord, Lord McDonald of Salford.