Lord Liddle
Main Page: Lord Liddle (Labour - Life peer)Department Debates - View all Lord Liddle's debates with the Leader of the House
(7 years, 1 month ago)
Lords ChamberAs the Prime Minister made clear, we have said to our EU partners that we need to reach a fair settlement on our rights and obligations. We also made clear in the Florence speech that they do not need to fear that they will need to pay more or receive less over the remainder of the current budget plan as a result of our decision to leave. Following the process agreed in the last round of talks, we have undertaken a detailed and rigorous examination of the technical detail, aiming to reach a shared view on these issues.
Can I ask the Minister for clarification of what is meant by “transition and implementation”? It seems to me that business—various bodies representing business have written to the Prime Minister—wants a transition period which gives us more time to negotiate the deep and comprehensive agreement that the Government are talking about, in which period we will remain in the single market. Are the Government rejecting that request, or are the Government still committed to the completion of the negotiations on a comprehensive trade deal by next October, which virtually everyone in the know thinks is a completely unrealistic objective? If that is their objective, why can they not table now their proposals for the framework, at least, for the future economic relationship rather than the three sentences that the Prime Minister devoted to it in her Florence speech?
We will be leaving the EU and its institutions in March 2019, but at that point neither the UK nor the EU will be in a position to implement smoothly many of the detailed arrangements that will underpin this new relationship, so the implementation period is a bridge from our exit to our future partnership.