Commonwealth Countries and Overseas Territories: European Union

Lord Pearson of Rannoch Excerpts

Tuesday 14th June 2016 Lords Chamber

[Baroness Anelay of St Johns]

The noble Lord is right to draw attention to the concerns that Gibraltarians would justifiably have if the UK were to leave the European Union. On defending sovereignty, the UK has made a commitment to defend and support Gibraltar’s interests, including upholding British sovereignty. The men and women of the British Armed Forces have worked tirelessly to do this prior to the referendum and will continue to do so after it. However, the noble Lord rings a warning bell.

[Lord Pearson of Rannoch (UKIP)]

My Lords—

[Lord Wallace of Saltaire (LD)]

My Lords—

--- Later in debate ---

[Lord Pearson of Rannoch (UKIP)]

My Lords, given the EU’s uselessness at signing free trade agreements on our behalf, would not one obvious advantage of Brexit be that, as the world’s fifth-largest economy, we could sign our own free trade deals with the Anglosphere, the Commonwealth and the markets of the future? How many more jobs would that create for us and for them?

[Baroness Anelay of St Johns]

First, my Lords, if it were a decision to leave the European Union, there would be a period of considerable uncertainty while we tried to negotiate deals, because the people with whom we wished to negotiate would justifiably point to the fact that we had not sorted out our own post-exit relationship with the European Union. We would not be a safe bet. With regard to what the EU has done, it has negotiated trade deals with more than 80% of the Commonwealth. We benefit from that.