Leaving the EU

Crispin Blunt Excerpts

Monday 26th November 2018 Commons Chamber

[The Prime Minister]

If the hon. Lady is asking me whether the Government are going to produce economic analysis, I can tell her that we are.

[Crispin Blunt (Reigate) (Con)]

Businesses in my constituency point out firmly that their greatest enemy is uncertainty and they are now starting to tell me that certainty will be provided by World Trade Organisation terms because of the weakness of our negotiating position once we exit the period required for unanimity under the future arrangements. Government Departments have now had 20 months to prepare for a straight transfer to WTO terms. We would have some share of £39 billion to ensure that that transition was worked as effectively as possible by our European Union partners, whose policies would dictate how well that transition went. Surely those preparations now need to be surfaced and the European Union engaged in those discussions.

[The Prime Minister]

Businesses do look for certainty and certainty is given to businesses in the withdrawal agreement, because it is a withdrawal agreement that contains within it the implementation period that ensures that businesses have that certainty going beyond 29 March next year. As regards the World Trade Organisation arrangements for trading with the European Union, I am frequently encouraged by colleagues around the House to ensure that we can negotiate really good trade arrangements with countries around the rest of the world that will not be based on WTO arrangements. I have to say that, if WTO arrangements are not good enough for those other deals around the world, I think it is entirely right that we seek to obtain, as we have done, commitments to better than WTO arrangements in our relationship with the European Union.