Oral Answers to Questions Debate
Full Debate: Read Full DebateBarry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the Foreign, Commonwealth & Development Office
(8 years, 7 months ago)
Commons ChamberMay I congratulate my hon. Friend on the work he does as the Prime Minister’s trade envoy to the ASEAN—Association of Southeast Asian Nations—region? I agree with him that the record shows that alternative trade agreements would take years to negotiate and there would be no guarantee whatsoever that we could obtain terms that were anything like as good as those that we enjoy through the European Union today.
Conservative Members do not like to hear this, but will the Minister confirm that he listened to the wise words of David Miliband on Radio 4’s “Today” programme this morning? Is what he said not absolutely true: our international trading partners are already postponing decisions on investment in this country and ceasing to hire in this country?
I missed that interview this morning, but I do agree with what Mr Miliband says. What I hear direct from businesses in this country is that they are concerned about the uncertainty, that some have indeed postponed decisions and that many more would consider reducing the levels of employment or of investment in this country if there were a decision to quit the European Union.