Baroness Hayter of Kentish Town
Main Page: Baroness Hayter of Kentish Town (Labour - Life peer)My Lords, the truth is that, whoever we trade with, we will have to go along with their regulations. If we trade with the Americans, we will have to go along with their regulations. Given that there is this great big market of 500 million near us, could the Minister distance herself and her Government from the extraordinary comment of Jacob Rees-Mogg that the regulatory divergence between the UK and EU should be an indelible red line?
At the risk of being tedious, I say to the noble Baroness that negotiations are currently at a very sensitive stage, and it is important that I am not drawn into terminology which can lead to profound misunderstanding. What I want to see happen is the now recognised mutual good will from all parties. We see the mutuality of interest in getting a deal, and I want to see that crystallised during the negotiations—and I am positive that something positive will be coming out of that.