(5 years, 6 months ago)
Lords ChamberThe Prime Minister has set out the changes that we are looking for. The Attorney-General was out there last week and he is out there again today. He is having discussions on the legal nature of the changes we are looking for.
Does the Minister not agree that it is utterly irresponsible of the Government not to take no deal off the table? All noble Lords need to do is to read the document which was cited earlier. It states:
“Currently, businesses who manufacture or import substances into the EU”—
this is about the chemical sector—
“need to register them with the central European Chemicals Agency ... UK companies would only be able to sell into the EU providing they have transferred their existing registration to an EU-based entity”.
This will cost each company, even small companies, £1,500 excluding admin costs. On top of that they would have to pay EU-WTO tariffs of, on average, 5%.
At the end, this little document, which is full of extraordinary information, says that we are not prepared at all:
“the short time remaining before 29 March 2019 does not allow Government to unilaterally mitigate the effects of no deal. Even where it can take unilateral action, the lack of preparation by businesses and individuals is likely to add to the disruption experienced in a no deal scenario”.
How can a responsible Government who care, one would hope, about the social and economic future of this country not take no deal off the table?
It is exactly because we care about the future of this country that we are working so hard to get a deal, but the legal default position is no deal, so any responsible Government have to prepare for it. We are working towards a deal. If we had the support of Members of both Houses and all parties, we could get there and we could start to move on to the future, which we all want to do.