European Affairs

Alex Sobel Excerpts
Wednesday 14th March 2018

(6 years, 9 months ago)

Commons Chamber
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Matthew Pennycook Portrait Matthew Pennycook
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I will make a bit of progress.

FTAs with the BRIC countries would be worth just over 2%. Any such trade deals, even if they could be secured reasonably quickly, would in all likelihood also involve detrimental trade-offs and compromises in standards and regulations with which the British public would rightly take issue.

Alex Sobel Portrait Alex Sobel (Leeds North West) (Lab/Co-op)
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On that point about regulation, the Government’s leaked cross-Whitehall EU exit analysis paper outlines the regulatory opportunities of Brexit and states:

“A cross-Whitehall work-stream is working through these opportunities.”

Does my hon. Friend agree that that is code for deregulation and the ripping up of our workplace environment rights? The Secretary of State for Environment, Food and Rural Affairs is already unable to give us any clarification about the European Environment Agency. Is this not just a bonfire of our rights?

Matthew Pennycook Portrait Matthew Pennycook
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I thank my hon. Friend. That is certainly the fear. I read the same analysis as he did—I had to surrender my phone to do so and then found that it had been released publicly a week later—and it does say in several places that there are opportunities to deregulate. Perhaps the Minister can tell us why those things are being modelled and to what they might refer.

One has only to listen to the noises coming from the United States Government on issues ranging from the replacement of the EU-US open skies treaty to the inclusion of agriculture in any FTA to get a sense of how difficult things will be even when it comes to new deals with some of our closest allies, and that is irrespective of who occupies the White House. The prospect of new free trade agreements might give the International Trade Secretary a purpose, but they would be good for little else.