International trade partners will be seeking full access to the UK market. The UK internal market system will provide a stable and consistent regulatory framework that will support UK exporting and inward investment ambitions.
Does my noble friend agree that, while we earnestly want this trade deal, it cannot be at any cost, to the detriment of the interests of the UK or indeed our overseas territories?
I totally agree with my noble friend. That is what the Government are working on at this moment and will continue to work on until we get that agreement.