Oral Answers to Questions Debate
Full Debate: Read Full DebateBob Ainsworth
Main Page: Bob Ainsworth (Labour - Coventry North East)Department Debates - View all Bob Ainsworth's debates with the Foreign, Commonwealth & Development Office
(11 years, 11 months ago)
Commons ChamberBut the Minister knows how important access to the single market is to our ability to attract foreign investment in, for example, car manufacturing. Surely he admits that there is a growing resistance in Europe to what is seen as the Government’s à la carte approach to their membership. Does he accept that that is becoming dangerous to our economic interests?
Our colleagues in the EU fully accept that we have taken a sovereign decision, which I thought was supported on both sides of the House, to stay out of the euro. It therefore follows that we do not take part in certain arrangements. However, I also find that my European counterparts are eager to work closely with us on measures to develop free trade further; to strengthen the single market—for example, to cover the digital economy, transport and energy—and to find ways to cut the cost and complexity of regulation, which applies to all European businesses.