(2 days, 18 hours ago)
Commons ChamberIn a moment.
While we were in the customs union, it was possible to negotiate those agreements only collectively via the auspices of the EU. That is a fundamental difference. It is important to note that by using this critical Brexit freedom, we have been able to negotiate almost 80 independent trade deals with nations around the world since we left the EU, including important Commonwealth partners such as Australia, New Zealand, and now India. We have also joined the trans-Pacific partnership, which materially improves our access to Asian markets worth trillions of dollars. Moreover—
If the hon. Lady will let me finish this point, I promise I will do so, but I want to enjoy this bit.
We now have the delightful visage of our ambassador to the United States, one Lord Mandelson, having to acknowledge through metaphorically gritted teeth that we have been able to negotiate a trade deal with the United States—albeit one that is limited in scope—only because we left his beloved European Union. I think our Peter is struggling with that.
I will give way to the hon. Lady, who has been patient.
If those trade deals were such sunlit uplands and such wonderful deals, can the right hon. Member explain to me why our seafood exports to the EU plummeted by 80% since the Brexit deal? Why did that happen on his watch, if that deal was so good?
The hon. Lady pre-empts me. If she will give me a moment, I will get to fishing very shortly.
The TCA—part 2, heading 5—contains transition arrangements relating to fishing. In essence, the TCA allowed for a period of over five years during which there would be temporary arrangements on access to UK waters by EU fishing fleets. After that, under international maritime arrangements, the United Kingdom would become solely responsible for its own territorial waters, out to 200 nautical miles in some places. As this transition period is now approaching its expiration in 2026, the EU is pushing very hard to maintain its access to our fishing waters and—it would seem—even to expand its access in certain cases, were we naive enough to give in. It would be a complete betrayal of our fishermen if the United Kingdom Labour Government were now to grant major concessions to the EU in what will become indisputably our own sovereign waters once again come 2026.