Lord Wallace of Saltaire
Main Page: Lord Wallace of Saltaire (Liberal Democrat - Life peer)Department Debates - View all Lord Wallace of Saltaire's debates with the Cabinet Office
(2 years, 8 months ago)
Lords ChamberMy Lords, obviously we are in the middle of a negotiation that continues to cover a wide range of issues, including the democratic deficit that the noble Baroness mentions. Unfortunately, we are not likely to complete those discussions this year; I expect that they will run into next year. However, it would not be a good solution to give the Northern Ireland Assembly or Executive decision-making roles in the European Union. The UK is not a member of the European Union, and therefore it would not be right or appropriate to try to resolve these questions in that way.
My Lords, the Minister may remember that one of the studies in preparation for the single market demonstrated that the UK, before the single market, tended to take US regulations as the standard for British regulations under a sort of extraterritorial jurisdiction. The business media now tells us that the world is moving towards three focuses of regulation: American, Chinese and European. Do we intend to add a fourth, which would be purely national, to the great disadvantage of exporters within Britain, or do we intend to return to incorporating American regulations as British, perhaps without fully consulting Parliament on the unsatisfactory compromises we have to make?
My Lords, regulatory freedom is one of the advantages of Brexit, not one of the disadvantages. We now have a choice as to whether we proceed nationally in regulations and standards, if we wish to get ahead of other international bodies and organisations, or whether we wish to track other organisations’ rules. US regulations, European Union regulations, others’ regulations or national ones may be the best ones for this country in future, but we have the ability to make that choice now, and that is one of the advantages of Brexit.