European Union Referendum Bill

Debate between Lord Tugendhat and Lord Stoddart of Swindon

Monday 2nd November 2015 Lords Chamber

[Lord Stoddart of Swindon]

The noble Lord is absolutely right. As I have said before, I believe this country would thrive outside the European Union.

Lastly, I want to comment on the American official, whoever he was, who said that it would be grave from the point of view of America and its relations with this country if we left the EU. Of course that is American policy for two reasons. One is that America is scared that the European Union will succeed. It knows that most countries are anti-American so it wants a friend in sight. The other is that America does not really believe that Britain should shine in the world because the American interest is paramount under any circumstances.

[Lord Tugendhat]

The official concerned was the United States Trade Representative. I think we ought to assume that the United States Trade Representative is able to speak for the United States in trade matters and surely the point he was making was a very different one. Signing free trade agreements for the United States is a very complicated matter. It involves an infinite amount of politicking in Congress and it is very difficult to carry through. Therefore, from the point of view of the United States it is better to be able to sign trade agreements with very large units where there is a good deal to offer both ways rather than with relatively small units. That is the point he was making and, given that he speaks for the United States in trade matters, one should not be quite as dismissive as the noble Lord has been.

[Lord Stoddart of Swindon]

I was not being dismissive. I understand the point of view of the United States and of other countries. The problem is that they want huge agglomerates to discuss and decide matters and I believe that there will be a loss of democracy under those circumstances. I may be wrong but in any event the Americans will still want our whisky and we will still want their awful films so trade will go on.

I want to finish with a quote:

“The European Union faces long-term economic decline and the ‘love affair’ of integration is at risk”.

Who said that? Not me. It was Jean-Claude Juncker, the President of the European Commission.