EU-UK Trade and Cooperation Agreement

Debate between Lord Hannay of Chiswick and Lord Faulkner of Worcester
Friday 8th January 2021

(3 years, 4 months ago)

Lords Chamber
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Lord Hannay of Chiswick Portrait Lord Hannay of Chiswick (CB) [V]
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My Lords, since our marathon first debate on the UK’s Christmas Eve agreement with the EU last week, two things have happened: the agreement has entered into force and the UK has given effect to the provisions in domestic law. However inadequate one may believe it to be, as I do, it is water under the bridge, but there are plenty of loose ends remaining to tie up in the short term and some important policy choices to make in the medium to long term.

Two of the most important short-term challenges are financial services and data exchanges. On both, serious economic consequences will flow from whether the EU recognises the UK’s equivalence. Can the Minister assure the House that, in both cases, the Government will do everything they can to secure that equivalence? Do they recognise and accept that the more we seek to diverge from the EU—in practice, not just in theory—the less likely we are to achieve equivalence?

In the medium to long term, the big choice is surely whether we treat the present agreement as a ceiling, above which we do not seek to rise, or as a floor, on which other areas of co-operation, so far neglected, could be built. Which is it to be? Foremost among such areas, I suggest proper structures for co-operation on foreign and security policies, where we need to work with the EU institutions that take decisions in this field, as well as bilaterally with the member states, if we are not to drift towards irrelevance and lose influence. What is the Government’s thinking on this?

On student exchanges, the deplorable decision to turn our backs on Erasmus+ remains unexplained in any detail. Why, for example, do most other non-EU European countries find it of value? What can we do to restore reciprocal exchanges in this field, which Turing does not do? The fact is that we are at the beginning of a long and arduous journey of building our new partnership with our erstwhile EU partners, not strolling effortlessly through the sunlit uplands.

Lord Faulkner of Worcester Portrait The Deputy Speaker (Lord Faulkner of Worcester) (Lab)
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My Lords, the noble Lord, Lord Mann, has withdrawn from the debate, so I call the noble Baroness, Lady Morgan of Huyton.

European Union: Justice and Home Affairs

Debate between Lord Hannay of Chiswick and Lord Faulkner of Worcester
Thursday 8th May 2014

(10 years ago)

Lords Chamber
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Lord Faulkner of Worcester Portrait The Deputy Speaker (Lord Faulkner of Worcester) (Lab)
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The Question is that this Motion be agreed to.

Lord Hannay of Chiswick Portrait Lord Hannay of Chiswick
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My Lords, I did wish to intervene in the Minister’s speech. I hope that is in order; I was on my feet before the Question was put. The noble Lord very helpfully gave an undertaking about the provision of an impact assessment for the measures that the Government are seeking to rejoin. However, he will be aware that in discussions with Ministers, the committees of this House have made it clear on a number of occasions that it is equally important that at that point there should also be an impact assessment, which has so far not been provided, on the measures that the Government are not seeking to rejoin. I wonder whether the Minister could give us some undertaking on that aspect. It really is rather important that the impact assessments provided should not be partial and limited to the measures that the Government wish to rejoin, because there will of course be impacts from the measures that the Government do not wish to rejoin. The House will need to be aware of those before it debates and votes on the final package to rejoin.