(5 years, 10 months ago)
Commons ChamberI expect that that will be concluded by the end of the transition period.
Does my right hon. Friend agree that it is not “Project Fear” when the National Farmers Union and all the agricultural unions warn of an embargo on animal product exports, which are currently worth £3.15 billion, in the event of no deal? In the case of the lamb industry, 94% of its exports go to the EU. This is not “Project Fear”; this is serious “Project Business”.
My hon. Friend makes a good point. There have been some exaggerated claims about the impact of a no-deal Brexit, and the British economy is resilient. He is absolutely right, however, that farmers in some of our most vulnerable sectors, in constituencies that Members across this House represent, would be significantly adversely affected in the short term.