(4 years, 10 months ago)
Commons ChamberAs my right hon. Friend the Secretary of State alluded to some moments ago, I visited Brazil recently. In addition to conversations about trade, we discussed with the Brazilian Government how the United Kingdom can assist them in their move to a low-carbon, greener energy production model. We have spent over £150 million of climate finance in forest programmes across Brazil, and I was delighted, in the light of my recent visit, that the Prime Minister announced a further £10 million to help the Brazilian authorities in forestation and deforestation.
The National Audit Office said yesterday that if the UK leaves the EU without a deal, cross-border shipments could be reduced by more than 50% and would take 12 months to return to normal. Can we stop this charade? Is it not the case that no responsible Government would do that to our businesses, and that if there is no agreement with the EU by Saturday, the Prime Minister will send the letter requesting an extension, not least because if he fails to do so he will be in contempt of court, given the proceedings in the Court of Session?
(4 years, 10 months ago)
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I can absolutely give my hon. Friend that assurance. We are determined that the trade remedies body will be one of the most innovative and strong bodies in protecting not just free trade but fair trade.
The Prime Minister talks about getting Brexit done by 31 October and indeed, the Minister has just referred to that, too, but is it not the reality that, if Brexit were to happen on that day, with or without a withdrawal agreement, no trade agreement, including a permanent tariff regime with our biggest customer, the EU, will be in place at the point of departure? Is it not the case that, to put in place a permanent trade agreement will take at least three years? If I am wrong about that, can he name one EU leader who is suggesting that we could get a permanent trade agreement in place quicker than that timeframe? Nothing is going to be done, really, by 31 October.
If there is a deal by 31 October, as the Government wish, it is highly likely that the deal will come with an implementation period. That would give us the opportunity to come to a comprehensive free trade agreement with our European Union friends and neighbours before the end of that implementation period. I give the hon. Gentleman full marks for consistency on this, as he has never seen any opportunities in the idea of Brexit, and he believes—it is a perfectly logical and consistent position—that our current membership of the EU under the current terms is the best thing possible. Many of us believe that there are significant opportunities for the United Kingdom not only to trade with our largest and nearest trading partner, but to have new bilateral trade agreements with countries around the world—that is the opportunity that Brexit provides.